O'Reilly Auto Parts 2015 Annual Report Download - page 5

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taining our existing store and distribution base, and grow-
ing organically through new store openings. We successful-
ly opened 205 net, new stores in markets across the United
States during 2015. We continue to be very pleased with
our store growth opportunities both in newer market areas
for O’Reilly, including Central and Southern Florida, the
Northeast U.S. and the Middle Atlantic U.S., and backll in
markets where we already have a strong market presence,
including Texas, the Western U.S. and Upper Great Lakes.
New store site selection is very involved and incorporates
many variables into the decision process, and we have
been pleased with the sites we have been able to acquire for
new stores. However, the ultimate success of a new store
is dependent upon stang the store with a well-trained
Team of Professional Parts People who are ready to roll up
their sleeves and provide great service the day the store
opens. Great teams are formed by promoting hard work-
ing Team Members, who understand and live our Culture
Values, and giving them an opportunity to replicate these
Culture Values in new Team Members. We also continued
to expand and enhance our robust distribution network
in 2015 with the construction of our newest distribution
center outside of San Antonio, Texas, which is scheduled to
open in the second quarter of 2016. is new distribution
center will provide our stores in Texas with even higher
levels of service, while also supporting additional growth,
and our distribution operations teams have a proven record
of bringing new distribution centers online eectively and
ready to provide unsurpassed parts availability to our stores.
Aer reinvestment in our existing new stores, industry con-
solidation is the next priority for our use of cash; however, we
remain a disciplined and opportunistic buyer and did not have
an opportunity that warranted our investment in this area dur-
ing 2015. We believe there are existing chains that would be
a good t for our Culture and footprint and provide a strong
return on our investment, and we will continue to monitor
the acquisition environment in the future. Aer deploying
O’REILLY AUTOMOTIVE 2015 ANNUAL REPORT • 3
OUR STORE TEAM MEMBERS are dedicated “Professional Parts People” who are committed to providing consistently superior service to
every customer who calls or walks into one of our stores. Our highly trained and technically procient Team Members can be seen in stores across
the country answering questions, tracking down hard-to-nd parts, and smiling behind the counter, on the phone or in the aisles as they assist our
customers. Doing whatever it takes to oer our customer the best products and highest level of service is who we are and how we remain committed
to being the dominant supplier of auto parts in every market we serve.
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