Earnings call transcript: O’Reilly Automotive posts solid Q2 2026 sales, stock falls

O’Reilly Automotive (ORLY) reported Q2 2026 diluted EPS of $0.86, matching estimates, and revenue of $4.89 billion, slightly exceeding forecasts. Despite solid comparable-store sales growth of 6% and raised full-year guidance, the stock fell 2.71% due to investor focus on cautious guidance and ongoing cost pressures. The company highlighted strong performance in its professional segment and a resilient auto aftermarket industry, while also managing increased SG&A per store growth.