Company Snapshot: O'Reilly Automotive Inc.

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O'Reilly Automotive Inc.
Address:233 S Patterson AveSpringfield, MO 65802-2298

Telephone:417 862-3333
Internet Homepage:http://www.oreillyauto.com
Year Founded: 1957
Total Stores:317
Total Annual Sales:$5,788,816,000

Senior Executives:David E. O'Reilly-ChairmanCharles O'Reilly- Vice ChairmanGregory L. Henslee- CEO; Co-PresidentTed F. Wise-  COO; Co-President


O’Reilly Automotive, Inc., announcedrecord revenues and earnings for its year ended December 31, 2011.  Sales for the year increased $391 million, or7%, to $5.79 billion from $5.40 billion for the same period one year ago.  Obviously, achieving record revenues during aneconomic climate as uncertain as ours is no simple feat.   
O'ReillyAutomotive is a company based on close relationships.  As can be seen through the listings of the seniorexecutives above, though the company  is publiclytraded, the O’Reilly family drives the company as it maintains the seats ofpower.  Interestingly, though not unique,this is one of the few nationally growing companies that boastCo-Presidents.  The close ties betweenthe Chairmen and the Co-Presidents produce a valuable and sharp strategic focuswhich has helped the company grow through aggressive expansion as well asthrough major acquisition, most notably when the company went national with theaddition of CSK Auto.
Fouryears ago, on April 1, 2008, O’Reilly Automotive signed a deal to acquire allof CSK's common stock for approximately one billion dollars, including $500million of debt.  O'Reilly begangradually rebranding the stores which gave CSK its name.  CheckerAuto Parts, Schucks AutoSupply, and Kragen Auto Partsstores, as well as CSK’s final major acquisition, Murray's Discount Auto Stores became O'Reilly Auto Parts stores.   Theacquisition of the 1,349 CSK units gave O’Reilly a true Western and thus anational presence.
Theacquisition of CSK virtually coincided with the then perceived onset of therecession.  The Chain Store Guidedatabase of Discount and Specialty Retailers reveals that at the end ofDecember 2008, O’Reilly operated 3,285 locations.  Since then the smallest yearly gain in unitswas 136 in 2009, as the company has increased the size of its incrementalgrowth annually.  The company ended 2011with 3,740 locations and just announced that at the end of its first quarter atthe end of March 2012, the company was operating 3,809 stores.  This focus indicates aggressive growthdespite the uncertain economy with no end in sight.