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AI Research

$850M Notes Issued + 225-235 New Stores Planned → Groupe Del Vasto Integration Drives Expansion

O'Reilly Automotive raised $850 million in new notes on March 12, 2026, and outlined plans to open 225-235 new stores in 2026 while integrating its 2024 acquisition of Groupe Del Vasto, extending its North American footprint in the automotive parts market. Despite DIY segment headwinds from inflation and tariffs, the professional business and distribution network continue to support expansion and attract institutional investors. The stock opened at $90.46 on March 17, a significant decline from its 52-week high, with a Moderate Buy consensus from 17 analysts and a $110.26 price target suggesting meaningful upside if store productivity and integration improve.