Shares of O'Reilly Automotive (ORLY) dropped 4.2% after competitor AutoZone reported first-quarter earnings showing financial pressures, including decreased gross profit as a percentage of sales and increased operating expenses. This negative report from a key rival impacted investor sentiment for the broader auto parts retail sector. Despite the current dip, O'Reilly has seen a 19.3% increase since the beginning of the year and strong long-term growth, with $1,000 invested five years ago now worth $3,191.

ORLY

<p>Shares of O'Reilly Automotive (ORLY) dropped 4.2% after competitor AutoZone reported first-quarter earnings showing financial pressures, including decreased gross profit as a percentage of sales and increased operating expenses. This negative report from a key rival impacted investor sentiment for the broader auto parts retail sector. Despite the current dip, O'Reilly has seen a 19.3% increase since the beginning of the year and strong long-term growth, with $1,000 invested five years ago now worth $3,191.</p>

Why O'Reilly (ORLY) Stock Is Trading Lower Today