- 19% increase in diluted earnings per share to $1.36
- Record high first quarter gross margin of 50.4%
- Comparable store sales increase of 0.6%, excluding Leap Day in 2012 of 1.9%
If AutoZone's earnings are good, that could mean good things for Action Alerts PLUS holding Snap-On.
For its first quarter, O'Reilly reported earnings of $2.83 a share on revenue of $2.16 billion, below what analysts were expecting.
It is the day when the White House launches the start of President Trump's tax reform.
Deutsche Bank is bearish on O'Reilly Automotive.