O'Reilly Automotive, Inc. (ORLY) Q3 2022 Earnings Call Transcript

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET

Company Participants

Jeremy Fletcher - Chief Financial Officer

Greg Johnson - President & Chief Executive Officer

Brad Beckham - Chief Operating Officer

Brent Kirby - Chief Supply Chain Officer

Conference Call Participants

Greg Melich - Evercore ISI

Christopher Hoevers - JPMorgan

Bret Jordan - Jefferies

Simeon Gutman - Morgan Stanley

Michael Lasser - UBS

Scot Ciccarelli - Truist Securities

Operator

Welcome to the O'Reilly Automotive Inc. Third Quarter 2022 Earnings Call. My name is Vanessa and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct our question-and-answer session. [Operator Instructions]

I will now turn the call over to Jeremy Fletcher. You may begin.

Jeremy Fletcher

Thank you, Vanessa. Good morning everyone and thank you for joining us. During today's call, we will discuss our third quarter 2022 results and our outlook for the remainder of the year. After our prepared comments, we will host a question-and-answer period.

Before we begin this morning, I would like to remind everyone that our comments today contain forward-looking statements. and we intend to be covered by and we claim the protection under the Safe Harbor provisions for forward-looking statements contained in 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. The company's actual results could differ materially from any forward-looking statements due to several important factors described in the company's latest annual report on Form 10-K for the year ended December 31st, 2021 and other recent SEC filings. The company assumes no obligation to update any forward-looking statements made during this call.

At this time, I would like to introduce Greg Johnson.

Greg Johnson

Thanks Jeremy. Good morning everyone and welcome to the O'Reilly Auto [ph] Parts third quarter conference call. Participating on the call with me this morning are Brad Beckham, our Chief Operating Officer; and Jeremy Fletcher, our Chief Financial Officer. Brent Kirby, our Chief Supply Chain Officer; Greg Hensley, our Executive Chairman; and David O'Reilly, our Executive Vice Chairman are also present on the call.

I'd like to begin our call today by thanking Team O'Reilly for your hard work and commitment to providing excellent customer service, which drove our strong results in the third quarter.