8-KRegulation FDOther EventsExhibits & Filings

O REILLY AUTOMOTIVE INC 8-K Report, Regulation FD Disclosure (Jul 2, 2010)

Filed July 2, 2010For Securities:ORLY

Summary

O'Reilly Automotive, Inc. (ORLY) filed a Form 8-K on July 2, 2010, to disclose two key pieces of information for investors. First, the company announced the date for its second quarter 2010 earnings release and subsequent conference call, signaling an upcoming opportunity for investors to receive updated financial performance data and management commentary. Second, the filing disclosed that the 6 3/4% Exchangeable Senior Notes originally issued by CSK Auto Corporation are now exchangeable at the option of holders. This exchangeability will continue through September 30, 2010, the end of the fiscal quarter. This is a significant event for holders of these specific notes and potentially for O'Reilly, as it indicates a potential for conversion and impacts the company's capital structure.

Key Highlights

  • 1Announcement of the Q2 2010 earnings release and conference call date.
  • 2Disclosure regarding the exchangeability of 6 3/4% Exchangeable Senior Notes due 2025, originally issued by CSK Auto Corporation.
  • 3Holders can exercise their option to exchange the notes.
  • 4The exchange period for these notes will extend through September 30, 2010, the close of the fiscal quarter.
  • 5The filing includes press releases as exhibits providing further details on these announcements.

Frequently Asked Questions

O'Reilly Automotive announced on July 1, 2010, that it would issue its second quarter 2010 earnings release and hold a conference call on that date.

The exchangeability of the 6 3/4% Exchangeable Senior Notes due 2025, originally issued by CSK Auto Corporation, means that holders of these notes have the option to convert them into O'Reilly Automotive common stock. This event is significant as it can impact the company's outstanding share count and debt structure.

Holders of the 6 3/4% Exchangeable Senior Notes due 2025 can exercise their exchange option at any time up to and including September 30, 2010, which is the last trading day of the current fiscal quarter.

No, this 8-K filing does not provide the actual financial results for the second quarter of 2010. It serves to announce the date of the upcoming earnings release and conference call where those results will be disclosed, and it also addresses the exchangeability of certain senior notes.