O'Reilly Growth Misses Census Data Again -- Market Talk

Dow Jones04-26

1238 ET - O'Reilly Automotive's growth no longer seems to be zooming ahead of the sector. The auto-parts retailer's 3.4% comparable sales growth in 1Q was the second consecutive period when O'Reilly underperformed the overall Census-tracked retail sales category, according to UBS. UBS analysts note that O'Reilly grew faster than the auto-parts retail sales numbers on average over the last year. The analyst says mild winter weather and the timing of Good Friday likely brought down the overall industry. Still, they suspect O'Reilly is outperforming competitors in the sector, and back their buy rating. Shares slip 3.1%. (ben.glickman@wsj.com; @benglickman)

(END) Dow Jones Newswires

April 25, 2024 12:38 ET (16:38 GMT)

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The auto-parts retailer's 3.4% comparable sales growth in 1Q was the second consecutive period when O'Reilly ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2430239017","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430239017","pubTimestamp":1714063080,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1238 ET - O'Reilly Automotive's growth no longer seems to be zooming ahead of the sector. 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