O’Reilly Automotive, Inc. is one of the largest specialty retailers of automotive
aftermarket parts, tools, supplies, equipment and accessories in the United States,
selling our products to both do-it-yourself (“DIY”) customers and
professional installers.
• new and remanufactured automotive hard parts, such as alternators,
starters, fuel pumps, water pumps, brake system components, batteries, belts,
hoses, chassis parts and engine parts;
• maintenance items, such as oil, antifreeze, fluids, filters, wiper
blades, lighting, engine additives and appearance products;
• accessories, such as floor mats, seat covers and truck accessories;
and
• a complete line of auto body paint and related materials, automotive
tools and professional service equipment.
We do not sell tires or perform automotive repairs or installations.
O’Reilly Automotive, Inc. was incorporated in 1957 as a corporation.
The Company was founded by Charles F. O’Reilly and his son, Charles H.
“Chub” O’Reilly, Sr. and initially operated from a single
store in Springfield, Missouri.
Our stores offer DIY and professional installer customers a wide selection of
brand name and private label products for domestic and imported automobiles, vans
and trucks. We do not sell tires or perform automotive repairs or installations.
Our merchandise generally consists of nationally recognized, well-advertised,
premium name brand products such as AC Delco, Moog, Wagner, Gates Rubber, Federal
Mogul, Monroe, Prestone, Quaker State, Pennzoil, Castrol, Valvoline, STP, BWD,
Cardone, Wix, Armor All and Turtle Wax. In addition to name brand products, our
stores carry a wide variety of high-quality private label products under our O’Reilly
Auto Parts®, BestTest®, Micro-Gard®, Power Torque®, Miles Ahead®,
Super Start® , BrakeBest®, Ultima®, Master Pro® Murray and Omnispark®
proprietary name brands. Our private label products are produced by nationally
recognized manufacturers and meet or exceed original equipment manufacturer specifications
and provide a great combination of quality and value – a characteristic
important to our DIY customers.
We purchase automotive products in substantial quantities from over 450 vendors.
We have no long-term contractual purchase commitments with any of our vendors,
nor have we experienced difficulty in obtaining satisfactory alternative sources
of supply for automotive parts. We believe that alternative supply sources exist
at substantially similar costs, for substantially all of the automotive products
that we sell. It is our policy to take advantage of payment and seasonal purchasing
discounts offered by our vendors and to utilize extended dating terms available
from vendors. During 2008, we entered into various programs and arrangements
with certain vendors that provided for extended dating and payment terms for
inventory purchases. As a whole, we consider our relationships with our vendors
to be very good.
Competition
We compete in both the DIY and professional installer portions of the automotive
aftermarket. We compete primarily with the stores bulleted below:
• national retail and wholesale automotive parts chains (such as AutoZone,
Inc., Advance Auto Parts, NAPA, CARQUEST and the Pep Boys- Manny, Moe and Jack,
Inc.);
• regional retail and wholesale automotive parts chains;
• independently owned parts stores;
• wholesalers or jobber stores (some of which are associated with national
automotive parts distributors or associations such as NAPA, CARQUEST, Bumper
to Bumper and Auto Value);
• automobile dealers; and
• mass merchandisers that carry automotive replacement parts, maintenance
items and accessories (such as Wal-Mart Stores, Inc.).
3.55% 
193.22 %