Fletcher, Greg Thanks, and Chairman; Executive Brent quarter call Chief David welcome fourth O'Reilly Parts on Auto Participating Chairman, and call. Vice Officer. Executive also O'Reilly, conference me everyone, Good President; Jeremy our the are this Financial call. morning with morning, Kirby, Henslee, to are on our the Jeremy. our our and the present
sales year, to X.X%. and an like to XX,XXX deliver and in our work commitment an earnings highlighted solid hard call, that and in commitment our the is today's X.X% store people share parts diluted increase us professional over per customers increase recognize throughout team company of by to comparable by begin of I'd XXXX. a of To our enabled their demonstrated It
XXXX. the industry finishing entering XXXX challenging reflected for headwinds year the the financial across our results our below expectations business faced, set automotive aftermarket, we was our and a
Our long growth and team robust track a of profitability. has established record
bar. high of when never we fully that we fall satisfied are So short
and are ability still of to navigate a challenging the we our earnings environment share, increases metrics in growth with XXnd becoming year However, since pleased representing our sales team's per deliver company. public and store these comparable in consecutive
pleased very headwind have in million prepared a liabilities, auto discuss earnings charge comments. claims from his EPS, quarter fourth to $X.XX despite to which $XX resulting Brent a of adjust are during We record more to our delivered self-insurance detail will
This X% over EPS charge reported to X% charge the to quarter, The full approximately for we headwind we of was quarter. of impactful the EPS representing more growth reported X.X% for even year the the headwind growth to fourth XXXX. a was a
Now I'd like to few quarter minutes results. sales color to take our fourth some a provide on
sales which our Our of fourth was expectations. quarter the high for the comparable at end grew store X.X%,
the was Our we relative the experienced DIY. between XXXX. business sales growth balanced months driven solid and performance of professional sides results than our in The first fourth the more of both was in by X quarter than X
on XXXX. such categories, softness pressured demand grew in the business professional broad-based throughout the our results again tools, environment while experienced growth, in in reflected result X%, comp consumers we and some best from as quarterly have fourth we accessories delivered The were continued discretionary the seen were have performance and consistent in quarter degree, just quarter DIY pressure fourth XXXX. Our over To mid-single-digit headwinds parts. persisted with
strong the fourth in quarter. demand categories continued However, maintenance we saw in
have variability winter Harsh created experienced weather of years. winter comparisons timing tailwind strong we mild performance few type as from quarter of of over to calendared our weather in this and to in last when XXXX. of categories inclement winter benefited weather-related some business, has a creates the fourth the the also start We the easier we
with weather harsh more winter As of business did of XXXX conditions January not support really that in fourth XXXX. we of reminder, last severe the see year, arriving quarter a our the in
winter impact season the has out more have weather we more this far, as seen typical been So a spread little of evenly.
was when month-to-month trends normal relative volume the As a sales in viewed cadence from business. our result, a in business our to the steady perspective, quarter
one not in comparisons. than October from these the of comps the year. the reflected were fourth December quarter within variances in prior and monthly Our benefited variability our year by our XXXX year, easier less comparisons having Sunday comps weather the business prior Again, current driven and by
line ticket underpinning the the to for benefited dynamics quarter, count contributor the for fourth I'll with maintenance and side Ticket performance our DIY in in year, the representing sales side quarterly favorable average grew also our the increase comparable led by of fourth sales from quarter. in business, again consistent strength the larger our winter XXXX. professional ticket discuss this Next, and growth in traffic was counts categories our performance comparisons. growth best solid we the as the saw weather quarter, throughout store
both included share sides smooths comp the same gains customer SKU count fourth the of were in timing down quarter weather, fourth to Average our of under year benefit values contributor our the of a out also of DIY transaction business, tough was a which of growth impact environment. ticket On X%. our with traffic inflation and in just in reflecting a positive slightly, lead continued market on from the line industry trends. quarter a basis, believe We effect X-year results full stack XXXX
year. For of store below but of the on call the set XXXX, range full year provided quarter's to at guidance sales our X% we increase the the the we X% revised just beginning last end of the high comparable guidance was at X.X%
us our we efforts the customer in from the to to earned down on XXXX was The of few allowing further worked the our over both provide and best our has X.X% sales team our sustain XXXX tougher grow market industry service share. backdrop, in double business years our our have to and team customers XXXX industry, on and X.X%, delivered robust increases in growth Against respectively. last diligently the top of achieved the
guidance to sales our our of transition Next, for discussion I with starting XXXX, want outlook. to a
As of provide and range X% XXXX in our we're conditions sales establishing a macroeconomic want and our snapshot we year. prospects X% we to comparable our guidance store view how of release the coming at for to disclosed a and earnings yesterday, annual industry both for we
repair very stable last the over mileages. decades to substantial maintenance higher industry. discussed keep park a cycles proposition operate other be in extremely manufactured resilient are driven also creates on industry. average with not an current durable reliability, invest our The automotive our retail, our our vehicles at customers has driven, uncertainty. vehicle the an engineered the periods stability compelling to the but in value growth to unlike in and dynamics a we've reliably in Vehicles few existing the U.S. car of of in their coupled aftermarket. seen the road. are demand to The which in economic the in of sector environment replacement supports and result the increased This contribute combined cost customers been quarters, over steady As We necessary and with total for part characterized in has aftermarket been growing age by is challenging car of experience miles automotive we've of
has growth are industry short-lived consistently consolidation. by gains these to industry to the of by encountered industry is is stable available remain population. that periods sales momentum similar through rebounds market core positive demand come We confident where and and drivers vehicle years and hard this only backdrop, Against to strength our our due XXXX, industry-wide share underpinned the the
improve industry to the as we we of XXXX. fundamentals prospects for through are optimistic conditions our such, As and in the long-term move
of circumstances. possibility to outlook from or However, and costs, interest are XXXX gas potential adverse year are or on we particularly enter comparisons a pressure built other economic our XXXX in sustained face first prices relevant for the similar particularly and challenging year considerations levels, remain These we exit regarding guidance, cautious into economic the to full short-term the a trajectory price rapidly the increasing multiyear but quarter the spikes conditions shocks, high on basis. or energy as in our worsening rates consumer
store results effectiveness model and providing ticket customer counts a increased share. expect to condition, side businesses our of any this by industry will to in end, positive professional executing DIY drive be from continue growth Our our on higher business company industry-leading capture service. in performance focus growth this to our ability market control and by expected we our contributors own year comparable growth is XXXX. sales exceptional an depend We both our and driven professional ultimately to anticipate market the that to To our and destiny in our our in on as rate business and stronger
increased long-term pressure parts be industry and DIY share gainer but to repair to counts these and resulting ticket from expect by a extended also offset corresponding gains of intervals. dynamic the service We be quality to expect
will that associated traffic XXXX a parts sales down As a DIY result, increasing will similar quality and with XXXX. the be to DIY of complexity growth slightly anticipate our store in drive higher comparable in experience in value we ticket but
with forward Our for are in benefit this from only from practice, same-SKU In our we growth potential view few a assuming in XXXX inflation discuss average a assumes margin X%. price XXXX. historical chain approximately how in supply projected Brent outlook levels on our for outlook. tariffs increased ticket and modest of point Consistent we moments, will increases the
to changes project in assumptions tariffs just impact the to highlight will our now, early as exclude it I For sales too that business. remains any our
on I cadence Before our to for sales guidance, I like the in expectations sales of quarterly our our from move XXXX. would highlight growth
the the sales headwinds quarter in sales third weather line in XXXX the compares tracking relatively expect in more quarters. of quarterly last by store We minor in our relatively comparable year. in throughout and second even with are expectations growth driven to comparison the differences be January our and first challenging and against volumes quarter, our easier first winter to far, tough favorable with Thus fourth
Now I'd discuss expansion plans. our to on and like capital investment move to
line distribution capital timing over infrastructure projects. XXXX full with expenditures year for marginally the were by on XXXX spend driven just range our $X above and in of guidance billion, Our
The around to of at store level plans our we distribution our to and is For XXXX, $X.X setting are accelerate expansion. increased investment expenditure projected centered $X.X capital our guidance billion billion.
performance with to in store ability store openings American and North greenfield in our Starting for new strong on XXX XXX growth target to new with footprint. store our call our reflects our disclosed The growth our last net successfully We continued across confidence openings organic of our quarter's new store XXXX. network. our balance increase
Northeast, to are markets U.S. coast. states, backfill Mid-Atlantic our growth, existing in openings the as store across domestic projected different XX store expansion in in over as and the well coast For between new markets newer spread Rico Puerto balanced
Mexico. also plans Our include growth continued in
XXXX. in in XX store and open to bringing stores Mexico, similar XXXX, of opened new to our stores count expect we stores a In number XX
in in innings the expansion in still spread are also in gaining on while growth capitalizing momentum markets beginning early are of opportunity the but We and market time of store over core increase to historical outside our our several base the at we to density Mexico, Guadalajara. new same areas
We Canada. greenfield are also new store necessary muscle in development growth the for building
substantial Canada, years. the store development of yet new will not the organic does be in fuel important the capabilities out coming build will target the stores XXXX the include to new Our coming that year but a number one advance growth pipeline in our of an and
hub incremental increase result to and additional increase our capital the owned as also targets, investments network. to growth store in we shift in Beyond new a factors: continuing a spend store expected our lease our are new X versus stores store of growth
Our increasingly growth. enhanced invested successfully returns sales flows that stronger on stores our driving ability in cash is to capital store and generate new higher volumes open
new versus In owned XXXX XX% returns, planning are these openings light XX%, mix leased store strong include of projected of a stores. to we
generated enhancement We ongoing returns we are and of also our with pleased the expansion store hub have network. through our
availability factor to stores compete market sides important the with access our effectively to in share SKU business. quick broad ability ability Our localized of both on our and to take support an is
We have strategy our executed hub for decades.
with the adjust size flexibility inventory hub our One of network to of our and this to is our best number, markets. our our access strategy stores location to the of each of customers in provides strengths the ensure
investment our planned include capital for projections such, stores. and size of As our increases in the XXXX hub number
expectations continued substantial by is our And an in we The capabilities. Brent second update during outlook competitive The inventory update. our chain will current network. in for in industry-leading distribution advantage major driver of availability distribution on and is our XXXX our investment his our fueled XXXX CapEx distribution provide maintain supply projects investment
the ongoing planned are store as strategic and and our image continued expansion technology. also the Our and lion's investments investments store distribution for of outlook our as CapEx in XXXX, hub represents included appearance share in fleet growth maintain the refresh to but well continued in of
Team up X,XXX excellent once wrap my in our your day each again I O'Reilly to stores. would service like of As providing thank for prepared every unwavering comments, customer to commitment I over
the I'll Brent. to turn Now over call
