O'Reilly Automotive posts higher 1st-qtr profit

Newswire

SAN FRANCISCO, April 22 (Reuters) - Auto parts retailer O'Reilly Automotive Inc. on Tuesday reported higher quarterly earnings, helped by a 6.2 percent increase in sales at its stores open at least a year. O'Reilly, which operates more than 900 stores mostly in the U.S. South and Midwest, said first-quarter net income rose to $19.7 million, or 37 cents a share, from $16.6 million, or 31 cents a share, in the same period a year ago. Analysts expected O'Reilly to earn 37 cents a share, ...

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