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    • By NAPA
      Christian Eckes turned in a solid effort on Sunday afternoon at North Wilkesboro Speedway which resulted in a sixth-place finish. The driver of the No. 19 Instacoat Premium Products Chevrolet Silverado RST recorded his eighth top-10 finish in a row and maintained the NASCAR CRAFTSMAN Truck Series points lead by four markers after 10 of 16 regular season events.
      Eckes started the event from the pole after qualifying was washed out by inclement weather Saturday morning. The 250-lapper went green under threatening skies on Saturday and Eckes continued his dominant short track ways by leading the first 62 laps. He made a pit stop for left side tires under a lap-58 caution and restarted 10th on lap 68. He advanced to seventh position by lap 70 to collect four points at the conclusion of Stage 1. Severe thunderstorms and torrential rains overcame North Wilkesboro during the caution period and postponed the remainder of the race until Sunday morning.
      When the event resumed under sunny skies on Sunday, Eckes restarted sixth and immediately charged into the top-five. He ran as high as third on lap 103 until a caution slowed the field at lap 117. Crew chief Charles Denike called Eckes in for his second and final pit stop of the event for right sides during the caution. He restarted 10th and utilized the outside lane to perfection and instantly climbed to seventh. The move on the restart netted Eckes another four points at the end of Stage 2 on lap 140.
      After briefly dropping to 10th after a restart on lap 147, Eckes regained his footing and reentered the top five by lap 190. He remained a threat by lining up third for a restart with 37 laps to go but was pinned on the bottom lane. After waging war in a multi-truck battle for a top-five position over the final 30 laps, Eckes took the checkered flag in sixth position for his best finish in two starts at North Wilkesboro.
      “I kind of struggled all day,” Eckes said. “Balance wasn’t great. Just proud of the Instacoat guys for the effort. We weren’t very good on Friday when we were practicing and we got it better, but it still just wasn’t enough. Just way too tight at the end. We’ll move on to Charlotte with the number one pit stall, so excited for that.”
      Start / Finish: 1 / 6
      Points Standing / Total: 1st / 426 pts. (+4)
      Next Race: Friday, May 24, Charlotte Motor Speedway
      How to Watch or Listen: 8:30 p.m. ET on FS1, MRN or SiriusXM
      NAPA: 
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    • By NAPA
      Christian Eckes reclaimed the NASCAR CRAFTSMAN Truck Series points lead with a steady fourth-place result at Darlington Raceway on Friday night. The driver of the No. 19 Gates Hydraulics Chevrolet Silverado RST captured his fourth consecutive top-five finish to lead the championship standings for the second time this season. Eckes delivered a monster points night by earning 50 markers, the most of all drivers in the field, and now holds a 14-point advantage after nine races.
      Eckes’ red and yellow Brownie King throwback scheme set the fastest lap in Friday afternoon’s practice session and turned in the seventh-quickest qualifying lap. The 2023 Darlington Raceway winner immediately cracked the top five on lap two when the evening’s first caution flew. He instantly jumped into a podium position on the lap six restart and began to stalk the race lead. While the balance on his Chevrolet swung free in the first segment, Eckes managed to track down the race leader in the first 45 laps. Stage 1 came to a close on lap 45 with Eckes running second and claimed nine points.
      Under the first stage caution, crew chief Charles Denike brought Eckes to pit road for four tires, fuel, and a minor adjustment to secure his free balance. Eckes restarted third and took control of the runner-up position by lap 71. While he attempted to reel in the race lead in the waning laps of Stage 2, he surrendered that position to a fellow Chevrolet competitor that had fresher tires with an alternative strategy. Nevertheless, Eckes banked another eight points at the end of Stage 2 on lap 90.
      Eckes pitted again under the stage caution for more of the same service, fresh tires and a small adjustment. He restarted third on lap 98 and took the lead for the first time on lap 106. As the final segment progressed, Eckes’ loose handling condition did also. The rear of his Gates Hydraulics Chevrolet progressively lost grip and caused him to lose touch with the lead. However, a caution on lap 143 reset the field for an overtime finish. With fresh tires, Eckes lined up sixth on the final restart and navigated his way through a chaotic conclusion to collect a fourth-place finish.
      “At times we were good, times we weren’t,” Eckes said. “Real inconsistent as far as handling, sets of tires, everything was kind of inconsistent for us. Proud of the execution. Proud of a top-five but felt like we were probably a little more capable than that. We kind of let the balance get away from us on our Gates Hydraulics Chevrolet. On to Wilkesboro.”
      Start / Finish: 7 / 4
      Points Standing / Total: 1st / 387 pts.
      Next Race: Saturday, May 18, North Wilkesboro Speedway
      How to Watch or Listen: 1:30 p.m. ET on FS1, MRN or SiriusXM
      NAPA: 
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    • By Counterman
      Schaeffler was recently recognized as a top global supplier of 2023 by General Motors during the automaker’s annual Supplier of the Year event in Miami, Florida. This is the fourth time Schaeffler has been honored with this award. Emphasizing shared values between GM and global suppliers, the rigorous selection process distinguishes those who align closely with GM’s principles. These values, rooted in performance, innovation, cultural alignment, and commitment to GM’s ambitious goals, serve as the foundation of the selection criteria.
      “Receiving this prestigious award from General Motors is a testament to our relentless dedication to delivering outstanding quality and performance,” said Klaus Rosenfeld, CEO of Schaeffler AG. “We are honored to be recognized as a top global supplier and look forward to further advancing our partnership with GM in the pursuit of automotive excellence.”
      Photo from left: Pratik Shah, Schaeffler Key Account Manager; Klaus Rosenfeld, Schaeffler CEO;  Peter Layer, GM Purchasing, Executive Director of Chassis Propulsion Structures; Jon Jameson, Schaeffler Sr. Vice President Global Key Account Manager; Allen Pervo, Schaeffler Key Account Manager Jon Jameson, Senior Vice President and GM Global Key Account Manager, Schaeffler added “At Schaeffler, we are immensely proud of our continued partnership with General Motors. This recognition underscores our commitment to innovation and excellence, driving us to exceed expectations in every aspect of our collaboration.”
      The selection process is guided by the GPSC Priority Wheel, which prioritizes the customer in every aspect of supply chain decision-making. The framework’s core values of safety, inclusion and relationships serve as the foundation for other priorities such as sustainability, innovation, execution, resilience, and profitability.
      “We’re honored to partner with these top suppliers who have made notable contributions to our transformation. Together, we’re pushing boundaries, pioneering new technologies and redefining what’s possible,” said Jeff Morrison, vice president, Global Purchasing and Supply Chain, General Motors. “Their innovation and support are critical to helping us deliver the world-class vehicles our customers have to come expect.”
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    • By garryhe
      Explore Top-Quality Brake Pads for Toyota Models at Our Factory!
      Hello everyone!
      As a professional brake pad manufacturing factory, we are proud to announce that we cover over 98% of global automotive brands and have cataloged every model for easy reference by our customers.
      We are excited to introduce our extensive range of brake pads for various Toyota models. You can effortlessly browse and purchase them through our website. Whether you need brake pads for the classic Camry, the stylish Corolla, or the robust Tacoma, we have you covered.
      Our brake pads boast premium materials, and expert craftsmanship, and undergo rigorous quality control to ensure the highest levels of safety and performance. We guarantee that our products will exceed your expectations and provide you with confidence and peace of mind in your driving experience.
      Whether you're a professional mechanic or an automotive enthusiast, we welcome you to explore our wide range of brake pad offerings at our factory. We are confident that you will be satisfied with the quality of our products and services.
      Visit our website to discover more: 
      link hidden, please login to view and  link hidden, please login to view Thank you for choosing us, and we look forward to collaborating with you!
      Thank you!
    • By OReilly Auto Parts
      First quarter comparable store sales growth of 3.4% 11% increase in first quarter diluted earnings per share to $9.20 Completed the acquisition of Groupe Del Vasto in January SPRINGFIELD, Mo., April 24, 2024 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue and earnings for its first quarter ended March 31, 2024.
      1st Quarter Financial Results
      Brad Beckham, O’Reilly’s CEO, commented, “We are pleased to report a solid start to 2024, highlighted by a 3.4% comparable store sales increase, which was on top of the very strong 10.8% comparable store sales increase from the first quarter last year. Our comparable store sales increase was comprised of solid growth in both professional and DIY, which grew mid-single digit and low-single digit, respectively, in the quarter. Our team’s continued strong execution drove an 11% increase in diluted earnings per share, and is a clear demonstration of Team O’Reilly’s commitment to our culture values of hard work and excellent customer service. I would like to thank each of our over 90,000 Team Members for their ongoing dedication to O’Reilly’s success.”
      Sales for the first quarter ended March 31, 2024, increased $268 million, or 7%, to $3.98 billion from $3.71 billion for the same period one year ago. Gross profit for the first quarter increased 8% to $2.03 billion (or 51.2% of sales) from $1.89 billion (or 51.0% of sales) for the same period one year ago. Selling, general and administrative expenses for the first quarter increased 9% to $1.28 billion (or 32.2% of sales) from $1.17 billion (or 31.7% of sales) for the same period one year ago. Operating income for the first quarter increased 5% to $752 million (or 18.9% of sales) from $717 million (or 19.3% of sales) for the same period one year ago.
      Net income for the first quarter ended March 31, 2024, increased $30 million, or 6%, to $547 million (or 13.8% of sales) from $517 million (or 13.9% of sales) for the same period one year ago. Diluted earnings per common share for the first quarter increased 11% to $9.20 on 59 million shares versus $8.28 on 62 million shares for the same period one year ago.
      Mr. Beckham concluded, “During the first quarter, we opened 37 stores across 20 U.S. states and Mexico and continue to be extremely pleased with the performance of our new stores. Additionally, we began operating 23 stores in Canada after closing on the acquisition of Vast Auto in January. With the talented and experienced Vast Auto team now officially a part of Team O’Reilly, we are very pleased with the early momentum we have generated in Canada. We remain excited about the future opportunities we have before us in the Canadian market and throughout North America and look forward to growing our market share in new and existing markets as the industry leader in excellent customer service.”
      1st Quarter Comparable Store Sales Results
      Comparable store sales are calculated based on the change in sales for U.S. stores open at least one year and exclude sales of specialty machinery, sales to independent parts stores, and sales to Team Members, as well as sales from Leap Day in the three months ended March 31, 2024. Online sales for ship-to-home orders and pick-up-in-store orders for U.S. stores open at least one year are included in the comparable store sales calculation. Comparable store sales increased 3.4% for the first quarter ended March 31, 2024, on top of 10.8% for the same period one year ago.  
      Share Repurchase Program
      During the first quarter ended March 31, 2024, the Company repurchased 0.3 million shares of its common stock, at an average price per share of $1,029.24, for a total investment of $270 million.   Excise tax on shares repurchased, assessed at one percent of the fair market value of shares repurchased, was $2.7 million for the three months ended March 31, 2024. Subsequent to the end of the first quarter and through the date of this release, the Company repurchased an additional 0.1 million shares of its common stock, at an average price per share of $1,102.00, for a total investment of $79 million. The Company has repurchased a total of 94.4 million shares of its common stock under its share repurchase program since the inception of the program in January of 2011 and through the date of this release, at an average price of $249.17, for a total aggregate investment of $23.53 billion.   As of the date of this release, the Company had approximately $2.22 billion remaining under its current share repurchase authorizations.
      Updated Full-Year 2024 Guidance
      The table below outlines the Company’s updated guidance for selected full-year 2024 financial data:
                   For the Year Ending     December 31, 2024 Net, new store openings   190 to 200 Comparable store sales   3.0% to 5.0% Total revenue   $16.8 billion to $17.1 billion Gross profit as a percentage of sales   51.0% to 51.5% Operating income as a percentage of sales   19.7% to 20.2% Effective income tax rate   22.4% Diluted earnings per share (1)   $41.35 to $41.85 Net cash provided by operating activities   $2.7 billion to $3.1 billion Capital expenditures   $900 million to $1.0 billion Free cash flow (2)   $1.8 billion to $2.1 billion        
      (1) Weighted-average shares outstanding, assuming dilution, used in the denominator of this calculation, includes share repurchases made by the Company through the date of this release. (2) Free cash flow is a non-GAAP financial measure. The table below reconciles Free cash flow guidance to Net cash provided by operating activities guidance, the most directly comparable GAAP financial measure:      
                              For the Year Ending (in millions)   December 31, 2024 Net cash provided by operating activities   $ 2,715   to   $ 3,125 Less: Capital expenditures     900   to     1,000   Excess tax benefit from share-based compensation payments     15   to     25 Free cash flow   $ 1,800   to   $ 2,100   Non-GAAP Information
      This release contains certain financial information not derived in accordance with United States generally accepted accounting principles (“GAAP”). These items include adjusted debt to earnings before interest, taxes, depreciation, amortization, share-based compensation, and rent (“EBITDAR”) and free cash flow. The Company does not, nor does it suggest investors should, consider such non-GAAP financial measures in isolation from, or as a substitute for, GAAP financial information. The Company believes that the presentation of adjusted debt to EBITDAR and free cash flow provide meaningful supplemental information to both management and investors that is indicative of the Company’s core operations. The Company has included a reconciliation of this additional information to the most comparable GAAP measure in the table above and the selected financial information below.
      Earnings Conference Call Information
      The Company will host a conference call on Thursday, April 25, 2024, at 10:00 a.m. Central Time to discuss its results as well as future expectations. Investors may listen to the conference call live on the Company’s website at  link hidden, please login to view by clicking on “Investor Relations” and then “News Room.” Interested analysts are invited to join the call. The dial-in number for the call is (888) 506-0062 and the conference call identification number is 193896. A replay of the conference call will be available on the Company’s website through Thursday, April 24, 2025.
      About O’Reilly Automotive, Inc.
      O’Reilly Automotive, Inc. was founded in 1957 by the O’Reilly family and is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both the do-it-yourself and professional service provider markets. Visit the Company’s website at  link hidden, please login to view for additional information about O’Reilly, including access to online shopping and current promotions, store locations, hours and services, employment opportunities, and other programs. As of March 31, 2024, the Company operated 6,217 stores across 48 U.S. states, Puerto Rico, Mexico, and Canada.
      Forward-Looking Statements
      The Company claims the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by forward-looking words such as “estimate,” “may,” “could,” “will,” “believe,” “expect,” “would,” “consider,” “should,” “anticipate,” “project,” “plan,” “intend,” or similar words. In addition, statements contained within this press release that are not historical facts are forward-looking statements, such as statements discussing, among other things, expected growth, store development, integration and expansion strategy, business strategies, future revenues, and future performance. These forward-looking statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of future events and results. Such statements are subject to risks, uncertainties, and assumptions, including, but not limited to, the economy in general; inflation; consumer debt levels; product demand; a public health crisis; the market for auto parts; competition; weather; tariffs; availability of key products and supply chain disruptions; business interruptions, including terrorist activities, war and the threat of war; failure to protect our brand and reputation; challenges in international markets; volatility of the market price of our common stock; our increased debt levels; credit ratings on public debt; damage, failure, or interruption of information technology systems, including information security and cyber-attacks; historical growth rate sustainability; our ability to hire and retain qualified employees; risks associated with the performance of acquired businesses; and governmental regulations. Actual results may materially differ from anticipated results described or implied in these forward-looking statements. Please refer to the “Risk Factors” section of the annual report on Form 10-K for the year ended December 31, 2023, and subsequent Securities and Exchange Commission filings, for additional factors that could materially affect the Company’s financial performance. Forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
          For further information contact: Investor Relations Contacts   Mark Merz (417) 829-5878   Eric Bird (417) 868-4259       Media Contact   Sonya Cox (417) 829-5709      
      O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
      CONDENSED CONSOLIDATED BALANCE SHEETS
      (In thousands, except share data)                         March 31, 2024   March 31, 2023   December 31, 2023        (Unaudited)      (Unaudited)      (Note) Assets                   Current assets:                   Cash and cash equivalents   $ 89,264     $ 59,872     $ 279,132   Accounts receivable, net     437,821       346,037       375,049   Amounts receivable from suppliers     139,267       128,758       140,443   Inventory     4,805,164       4,543,980       4,658,367   Other current assets     128,181       109,347       105,311   Total current assets     5,599,697       5,187,994       5,558,302                       Property and equipment, at cost     8,555,556       7,649,066       8,312,367   Less: accumulated depreciation and amortization     3,360,351       3,090,010       3,275,387   Net property and equipment     5,195,205       4,559,056       5,036,980                       Operating lease, right-of-use assets     2,227,783       2,166,646       2,200,554   Goodwill     1,009,857       892,094       897,696   Other assets, net     180,512       167,026       179,463   Total assets   $ 14,213,054     $ 12,972,816     $ 13,872,995                       Liabilities and shareholders’ deficit                   Current liabilities:                   Accounts payable   $ 6,117,068     $ 6,055,992     $ 6,091,700   Self-insurance reserves     130,974       136,723       128,548   Accrued payroll     127,704       111,324       138,122   Accrued benefits and withholdings     174,125       132,022       174,650   Income taxes payable     147,645       117,790       7,860   Current portion of operating lease liabilities     399,245       375,451       389,536   Other current liabilities     791,633       427,006       730,937   Total current liabilities     7,888,394       7,356,308       7,661,353                       Long-term debt     5,288,632       4,927,678       5,570,125   Operating lease liabilities, less current portion     1,900,200       1,854,533       1,881,344   Deferred income taxes     321,323       249,903       295,471   Other liabilities     205,703       209,411       203,980                       Shareholders’ equity (deficit):                   Common stock, $0.01 par value:                   Authorized shares – 245,000,000                   Issued and outstanding shares –                   58,982,123 as of March 31, 2024, and                   61,038,936 as of March 31, 2023, and                   59,072,792 as of December 31, 2023     590       610       591   Additional paid-in capital     1,410,756       1,305,276       1,352,275   Retained deficit     (2,849,108 )     (2,952,797 )     (3,131,532 ) Accumulated other comprehensive income     46,564       21,894       39,388   Total shareholders’ deficit     (1,391,198 )     (1,625,017 )     (1,739,278 )                     Total liabilities and shareholders’ deficit   $ 14,213,054     $ 12,972,816     $ 13,872,995     Note: The balance sheet at December 31, 2023, has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.
       
      O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
      CONDENSED CONSOLIDATED STATEMENTS OF INCOME
      (In thousands, except per share data)                   For the Three Months Ended     March 31,         2024      2023 Sales   $ 3,976,240     $ 3,707,864   Cost of goods sold, including warehouse and distribution expenses     1,942,068       1,817,535   Gross profit     2,034,172       1,890,329                 Selling, general and administrative expenses     1,281,691       1,173,684   Operating income     752,481       716,645                 Other income (expense):             Interest expense     (57,148 )     (44,572 ) Interest income     1,656       868   Other, net     3,401       4,479   Total other expense     (52,091 )     (39,225 )               Income before income taxes     700,390       677,420   Provision for income taxes     153,152       160,535   Net income   $ 547,238     $ 516,885                 Earnings per share-basic:             Earnings per share   $ 9.27     $ 8.36   Weighted-average common shares outstanding – basic     59,017       61,840                 Earnings per share-assuming dilution:             Earnings per share   $ 9.20     $ 8.28   Weighted-average common shares outstanding – assuming dilution     59,454       62,398                      
      O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
      CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
      (In thousands)                   For the Three Months Ended     March 31,      2024   2023 Operating activities:             Net income   $ 547,238     $ 516,885   Adjustments to reconcile net income to net cash provided by operating activities:             Depreciation and amortization of property, equipment and intangibles     109,648       93,747   Amortization of debt discount and issuance costs     1,593       1,215   Deferred income taxes     2,374       3,393   Share-based compensation programs     7,022       7,435   Other     2,997       29   Changes in operating assets and liabilities:             Accounts receivable     (36,954 )     (2,610 ) Inventory     (92,042 )     (179,481 ) Accounts payable     6,107       172,701   Income taxes payable     140,025       145,441   Other     16,207       (44,991 ) Net cash provided by operating activities     704,215       713,764                 Investing activities:             Purchases of property and equipment     (249,240 )     (223,268 ) Proceeds from sale of property and equipment     3,853       2,704   Other, including acquisitions, net of cash acquired     (155,366 )     (956 ) Net cash used in investing activities     (400,753 )     (221,520 )               Financing activities:             Proceeds from borrowings on revolving credit facility     30,000       1,216,000   Payments on revolving credit facility     —       (661,000 ) Net payments of commercial paper     (310,805 )     —   Repurchases of common stock     (270,019 )     (1,111,461 ) Net proceeds from issuance of common stock     57,815       15,146   Other     (569 )     (354 ) Net cash used in financing activities     (493,578 )     (541,669 )               Effect of exchange rate changes on cash     248       714   Net decrease in cash and cash equivalents     (189,868 )     (48,711 ) Cash and cash equivalents at beginning of the period     279,132       108,583   Cash and cash equivalents at end of the period   $ 89,264     $ 59,872                 Supplemental disclosures of cash flow information:             Income taxes paid   $ 9,798     $ 9,696   Interest paid, net of capitalized interest     34,671       26,531                      
      O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
      SELECTED FINANCIAL INFORMATION
      (Unaudited)                     For the Twelve Months Ended     March 31,  Adjusted Debt to EBITDAR:   2024   2023 (In thousands, except adjusted debt to EBITDAR ratio)             GAAP debt   $ 5,288,632   $ 4,927,678 Add: Letters of credit     137,848     116,688   Unamortized discount and debt issuance costs     28,368     27,322   Six-times rent expense     2,587,056     2,404,986 Adjusted debt   $ 8,041,904   $ 7,476,674               GAAP net income   $ 2,376,934   $ 2,207,655 Add: Interest expense     214,244     167,451   Provision for income taxes     650,786     635,159   Depreciation and amortization     424,962     368,757   Share-based compensation expense     27,098     27,360   Rent expense (i)     431,176     400,831 EBITDAR   $ 4,125,200   $ 3,807,213               Adjusted debt to EBITDAR     1.95     1.96    
      (i) The table below outlines the calculation of Rent expense and reconciles Rent expense to Total lease cost, per ASC 842, the most directly comparable GAAP financial measure, for the twelve months ended March 31, 2024 and 2023 (in thousands):   
                          For the Twelve Months Ended     March 31,     2024   2023 Total lease cost, per ASC 842   $ 510,208   $ 476,439 Less: Variable non-contract operating lease components, related to property taxes and insurance     79,032     75,608 Rent expense   $ 431,176   $ 400,831  
                            March 31,      2024   2023 Selected Balance Sheet Ratios:                 Inventory turnover (1)     1.7       1.7   Average inventory per store (in thousands) (2)   $ 773     $ 754   Accounts payable to inventory (3)     127.3 %     133.3 %  
                            For the Three Months Ended       March 31,        2024   2023 Reconciliation of Free Cash Flow (in thousands):             Net cash provided by operating activities   $ 704,215   $ 713,764 Less: Capital expenditures     249,240     223,268   Excess tax benefit from share-based compensation payments     16,120     4,378 Free cash flow   $ 438,855   $ 486,118  
                        For the Three Months Ended     March 31,         2024   2023 Revenue Disaggregation (in thousands):           Sales to do-it-yourself customers $ 2,001,986   $ 1,918,467 Sales to professional service provider customers     1,869,740     1,711,964 Other sales, sales adjustments, and sales from the acquired Vast Auto stores     104,514     77,433 Total sales   $ 3,976,240   $ 3,707,864  
                            For the Three Months Ended   For the Twelve Months Ended     March 31,    March 31,         2024   2023      2024   2023 Store Count:                 Beginning domestic store count   6,095   5,929     5,986     5,811   New stores opened   36   59     146     179   Stores closed   —   (2 )   (1 )   (4 ) Ending domestic store count   6,131   5,986     6,131     5,986                     Beginning Mexico store count   62   42     43     27   New stores opened   1   1     20     16   Ending Mexico store count   63   43     63     43                     Beginning Canada store count   —   —     —     —   Stores acquired   23   —     23     —   Ending Canada store count   23   —     23     —                     Total ending store count   6,217   6,029     6,217     6,029    
                                    For the Three Months Ended   For the Twelve Months Ended     March 31,    March 31,         2024   2023   2024   2023 Store and Team Member Information:                         Total employment     90,601     89,125             Square footage (in thousands) (4)     47,143     45,117             Sales per weighted-average square foot (4)(5)   $ 82.59   $ 81.09   $ 341.62   $ 328.29 Sales per weighted-average store (in thousands) (4)(6)   $ 634   $ 611   $ 2,601   $ 2,467  
      (1) Calculated as cost of goods sold for the last 12 months divided by average inventory. Average inventory is calculated as the average of inventory for the trailing four quarters used in determining the denominator. (2) Calculated as inventory divided by store count at the end of the reported period. (3) Calculated as accounts payable divided by inventory. (4) Represents O’Reilly’s U.S. and Puerto Rico operations only. (5) Calculated as sales less jobber sales, divided by weighted-average square footage. Weighted-average square footage is determined by weighting store square footage based on the approximate dates of store openings, acquisitions, expansions, or closures. (6) Calculated as sales less jobber sales, divided by weighted-average stores. Weighted-average stores is determined by weighting stores based on their approximate dates of openings, acquisitions, or closures.  

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