O'Reilly Automotive, Inc. Reports Fourth Quarter And Full-Year 2012 Results

• 25% increase in full year adjusted diluted earnings per share to $4.75
• Full year record operating margin of 15.8%
• Fourth quarter comparable store sales increase of 4.2%

SPRINGFIELD, Mo., Feb. 6, 2013 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (the "Company" or "O'Reilly") (Nasdaq:ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenues and earnings for its fourth quarter and full year ended December 31, 2012. The results represent 20 consecutive years of comparable store sales growth and record revenue and operating income for O'Reilly since becoming a public company in April of 1993.

4 ^th Quarter Financial Results

Sales for the fourth quarter ended December 31, 2012, increased $97 million, or 7%, to $1.49 billion from $1.39 billion for the same period one year ago. Gross profit for the fourth quarter increased to $750 million (or 50.4% of sales) from $695 million (or 49.9% of sales) for the same period one year ago, representing an increase of 8%. Selling, general and administrative expenses ("SG&A") for the fourth quarter increased to $527 million (or 35.4% of sales) from $491 million (or 35.3% of sales) for the same period one year ago, representing an increase of 8%. Operating income for the fourth quarter increased to $223 million (or 15.0% of sales) from $207 million (or 14.9% of sales) for the same period one year ago, representing an increase of 8%.

Net income for the fourth quarter ended December 31, 2012, increased $10 million, or 8%, to $133 million (or 8.9% of sales) from $123 million (or 8.8% of sales) for the same period one year ago. Diluted earnings per common share for the fourth quarter ended December 31, 2012, increased 21% to $1.14 on 116 million shares versus $0.94 for the same period one year ago on 130 million shares.

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