O'Reilly sees 2008 same store sales up 3-5 pct

Newswire

DETROIT, Feb 19 (Reuters) - Auto parts retailer O'Reilly Automotive Inc expects comparable store sales to rise between 3 percent and 5 percent in 2008, reflecting a slower U.S. economy, the company's chief executive said on Tuesday. Greg Henslee, chief executive of Springfield, Missouri-based O'Reilly, called the company's sales forecast "conservative" in light of a consumer slowdown that he said could be seen taking hold in the fourth quarter. "My perception is that the economy is ...

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