898173--2/26/2010--O_REILLY_AUTOMOTIVE_INC

related topics
{cost, operation, labor}
{condition, economic, financial}
{stock, price, operating}
{acquisition, growth, future}
{competitive, industry, competition}
{stock, price, share}
{customer, product, revenue}
{financial, litigation, operation}
{operation, natural, condition}
{cost, regulation, environmental}
{debt, indebtedness, cash}
Current economic conditions may adversely impact demand for our products, reduce access to credit and cause our customers and others with which we do business to suffer financial hardship, all of which could adversely impact our business, results of operations, financial condition and cash flows. The integration of the operations of CSK involves risks, and the failure to integrate the operations successfully or in the expected time frame may adversely affect the future results of the combined company. Our increased debt levels could adversely affect our cash flow and prevent us from fulfilling our obligations. Risks associated with future acquisitions may not lead to expected growth and could result in increased costs and inefficiencies. The automotive aftermarket business is highly competitive, and we may have to risk our capital to remain competitive. In order to be successful, we will need to retain and motivate key employees, which may be more difficult in light of uncertainty created by the acquisition of CSK, and failure to do so could seriously harm the Company. We cannot assure future growth will be achieved. We are sensitive to regional economic and weather conditions that could reduce our costs and sales. Legal proceedings and related matters arising from CSK could adversely affect us. Sales of shares of our common stock eligible for future sale could adversely affect our share price. Risks related to the Company and unanticipated fluctuations in our quarterly operating results could affect the Company s stock price. The market price of our common stock may be volatile and could expose us to securities class action litigation. A change in the relationship with any of our key vendors or the unavailability of our key products at competitive prices could affect our financial health. Complications in our distribution centers and other factors affecting the distribution of merchandise may affect our business. Environmental legislation and regulations could affect our operations, such as by increasing fuel prices, and therefore increase our operating costs.

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