O'Reilly Automotive cuts outlook; shares fall

Newswire

CHICAGO, July 25 (Reuters) - O'Reilly Automotive Inc. shares fell more than 3 percent on Wednesday after the auto parts retailer reported earnings and revenue below analysts' consensus estimates and pared its full-year profit outlook. In a release late on Tuesday, O'Reilly also posted growth in sales at existing stores, a key retail measure, below company forecasts in part due to heavy rains in Texas and Oklahoma. O'Reilly cut its full-year 2007 earnings per share outlook on Wednesday to ...

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