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Stock impact report

Tariffs Are Hurting DIY Car Mechanics, O'Reilly Auto Parts, AutoZone CEOs Say [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
Price increases from import duties and tariffs on car parts are causing DIY auto mechanics to delay some projects, according to the heads of O'Reilly Auto Parts (NASDAQ: ORLY ) and AutoZone (NYSE: AZO "The pressure to our DIY business as we move through the quarter was primarily felt in some categories, where we could be seeing some deferral in larger ticket jobs," O'Reilly Auto Parts CEO Brad Beckham said on the company's Q3 earnings call last month. He did not specifically say what product categories were impacted, though he noted items like "oil, filters, and fluids" continued to outperform expectations. Don't Miss: Buffett's Secret to Wealth? Private Real Estate— Get Institutional Access Yourself Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen Meanwhile, AutoZone CEO Philip B. Daniele said his stores are seeing similar behavior but he didn't expect it to last for too long. "Customers can defer Show less Read more
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