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Stock impact report

O'Reilly Automotive Debt Issue Reshapes Balance Sheet And Valuation Debate [Yahoo! Finance]

O'Reilly Automotive, Inc. (ORLY) 
Last o'reilly automotive, inc. earnings: 4/22 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. O'Reilly Automotive (NasdaqGS:ORLY) issued $850 million in senior notes due 2036. The company plans to use the proceeds to refinance existing debt and support future corporate initiatives. The new long term fixed rate notes adjust O'Reilly's capital structure and liquidity profile. O'Reilly Automotive, trading at $94.6 per share, has delivered a 73.1% return over the past 3 years and 194.0% over the past 5 years. The stock is also up 7.6% over the past year, which helps frame this new debt issuance in the context of a business that has already created meaningful shareholder value. The move to issue long term notes indicates that management is actively managing maturities while keeping options open for future uses of capital, such as acquisitions or share repurchases. For investors, the key takeaway is tha Show less Read more
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