O'Reilly Automotive, Inc. (ORLY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.453 -- 00:00:06.161 Welcome to the O'Reilly Automotive, Inc. fourth quarter and full year 2025 earnings call. 00:00:06.161 -- 00:00:09.806 My name is Matthew, and I'll be your operator for today's call. 00:00:09.806 -- 00:00:13.471 At this time, all participants are on a listen-only mode. 00:00:13.471 -- 00:00:15.814 Later, we'll conduct a question-and-answer session. 00:00:15.814 -- 00:00:21.121 During the question-and-answer session, if you have a question, please press star 00:00:21.121 -- 00:00:26.629 1 on your touch-tone phone. I will now turn the call over to Jeremy Fletcher. 00:00:26.629 -- 00:00:29.670 Mr. Fletcher, you may begin. 00:00:30.203 -- 00:00:33.687 Thank you, Matthew. Good morning, everyone, and thank you for joining us. 00:00:33.687 -- 00:00:37.572 During today's conference call, we will discuss our fourth quarter and full year 2025 00:00:37.572 -- 00:00:41.056 results and our outlook for 2026. 00:00:41.056 -- 00:00:44.961 After our prepared comments, we will host a question and answer period. 00:00:44.961 -- 00:00:49.226 Before we begin this morning, I would like to remind everyone that our comments today 00:00:49.226 -- 00:00:53.373 contain forward-looking statements. and we intend to be covered by, and we claim the 00:00:53.373 -- 00:00:57.517 protection under, the safe harbor provisions for forward-looking statements contained 00:00:57.517 -- 00:01:01.880 in the Private Securities Litigation Reform Act of 1995. 00:01:02.162 -- 00:01:07.248 You can identify these statements by forward-looking words such as estimate, may, could, 00:01:07.248 -- 00:01:12.474 will, believe, expect, would consider, should, anticipate, project, plan, 00:01:12.474 -- 00:01:17.055 intend, or similar words. The company's actual results could differ mate...