Trade Resources Company News O'reilly Automotive Has Reported Sales of $1.56bn in The Second Quarter Ended 30 June 2012

O'reilly Automotive Has Reported Sales of $1.56bn in The Second Quarter Ended 30 June 2012

O'Reilly Automotive, a retailer of automotive aftermarket parts, has reported sales of $1.56bn in the second quarter ended 30 June 2012, an increase of 6% compared to $1.48bn in the same period of 2011.

For the second quarter of 2012, the company's net income totaled $146m, an increase of 9% compared to $134m for the same period prior year.

The company posted gross profit of $780m for the second quarter of 2012, up 9% compared to $719m for the same period a year ago.

Operating income for the second quarter of 2012 was $244m an increase of 10% compared to $222m for the same period last year.

O'Reilly Automotive co-president and CEO Greg Henslee said, "Despite the challenging environment during the quarter, our continued commitment to providing industry-leading customer service allowed us to profitably grow sales with a comparable store sales increase of 2.5%, while also increasing our gross profit by 132 basis points. "

 

 

Source: http://www.automotive-business-review.com/news/oreilly-automotive-q2-sales-up-6-to-156bn-260712
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O'Reilly Automotive Q2 Sales up 6% to $1.56bn
Topics: Auto Parts