O'Reilly Automotive Inc at Gabelli Funds Automotive Symposium Transcript

Oct 31, 2023 / 08:00PM GMT
A. Carolina Jolly - GAMCO Investors, Inc. - Senior Research Analyst

All right. So next up, we have O'Reilly Automotive, one of the largest aftermarket distributors in the U.S., with about 5,873 stores across 47 states. O'Reilly has 60 million shares at $900, for a market cap of $54 billion. Net debt of close to $5 billion, for an enterprise value of $60 billion.

So speaking with us today, we are lucky enough to have Brad Beckham, CEO; and Jeremy Fletcher, CFO. Gentlemen, thank you so much for joining us for today. And while I walk over there, maybe I'll just start kind of with a beginning question. But just if you could give us an overview of O'Reilly, what do you sell? Who are your customers?

Jeremy Adam Fletcher - O'Reilly Automotive - Inc. - Executive VP & CFO

So I'll start maybe just by saying that Brad is CEO-elect. He's not quite there yet, so it'd be January. So before he gets ahead of himself. But he can answer the rest of this question.

A. Carolina Jolly - GAMCO Investors, Inc. -

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