O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q3 2024 Results Conference Call October 24, 2024 11:00 AM ET

Company Participants

Jeremy Fletcher - EVP and CFO
Brad Beckham - CEO
Brent Kirby - President
Greg Henslee - Executive Chairman
David O'Reilly - Executive Vice Chairman

Conference Call Participants

Bret Jordan - Jefferies
Simeon Gutman - Morgan Stanley
Michael Lasser - UBS
Zach Fadem - Wells Fargo
Christopher Horvers - JPMorgan
Scot Ciccarelli - Truist
Steven Zaccone - Citi

Operator

Good day, and welcome to the O'Reilly Automotive Incorporated Third Quarter 2024 Earnings Call. My name is Ali, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. And later, we will conduct a question-and-answer session. [Operator Instructions]

I'll now turn the call over to Jeremy Fletcher. Mr. Fletcher, you may begin.

Jeremy Fletcher

Thank you, Ali. Good morning, everyone, and thank you for joining us. During today's conference call, we will discuss our third quarter 2024 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, guidance, target 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 31, 2023, 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 Brad Beckham.

Brad Beckham

Thanks, Jeremy. Good morning, everyone, and welcome to the O'Reilly Auto Parts third quarter conference call. Participating on the call with me this morning are Brent Kirby, our President; and Jeremy Fletcher, our Chief Financial Officer; Greg Henslee, our Executive Chairman; and David O'Reilly, our Executive Vice Chairman, are also present on the call.

I would like to begin our call today by thanking our over 92,000 dedicated team members across North America for their incredible commitment to our customers during challenging conditions. Our teams continue to deliver positive comparable store sales results and market share gains, which I will discuss in more detail in a moment.