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Benzinga
Benzinga
Business
Anthony O'Reilly

Tariffs Are Hurting DIY Car Mechanics, O'Reilly Auto Parts, AutoZone CEOs Say

AutoZone EA SPORTS ORLY OReilly Auto Parts
Mechanic,Fixing,A,Car,At,Home.,Repair,And,Service.

Price increases from import duties and tariffs on car parts are causing DIY auto mechanics to delay some projects, according to the heads of  O’Reilly Auto Parts (NASDAQ:ORLY) and AutoZone (NYSE:AZO).

"The pressure to our DIY business as we move through the quarter was primarily felt in some categories, where we could be seeing some deferral in larger ticket jobs," O'Reilly Auto Parts CEO Brad Beckham said on the company's Q3 earnings call last month.

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