U.S. Movers: Chipotle, Lam Research, O'Reilly Automotive, Texas Instruments

Scott Peters
24 Apr, 2025
New York City

Texas Instruments Inc. surged 4.8% to $159.53 after the semiconductor company reported first-quarter 2025 results.

Revenue jumped to $4.07 billion from $3.66 billion, net income edged up to $1.18 billion from $1.10 billion, and diluted earnings per share rose to $1.28 from $1.20 a year ago.

"Over the past 12 months we invested $3.8 billion in research and development and selling general and administrative expenses, invested $4.7 billion in capital expenditures, and returned $6.4 billion to owners,” the company said in a release to investors.

The company guided second-quarter revenue to be between $4.17 billion and $4.53 billion, compared to $3.82 billion in 2024, and earnings per share between $1.21 and $1.47, compared to $1.22 a year earlier.

O'Reilly Automotive Inc. traded flat at $1,380.50 after the auto parts retailer reported first-quarter 2025 results.

Sales increased 4% to $4.14 billion from $3.98 billion, net income declined 2% to $538.48 million from $547.24 million, and diluted earnings per share jumped 2% to $9.35 from $9.20 a year ago.

Comparable store sales climbed 3.6% in the first quarter, on top of 3.4% in the prior year.

During the quarter, the company repurchased 0.4 million shares at an average price of $1,297.15 for a total investment of $559 million, and approximately $1.81 billion remained under share repurchase authorization.

O’Reilly guided fiscal 2025 comparable store sales to increase between 2% and 4%, revenue to be between $17.4 billion and $17.7 billion, compared to $16.71 billion in 2024, and diluted earnings per share to be between $42.90 and $43.40, compared to $40.66 a year ago.

The company plans to open 200 to 210 new stores in 2025.

Lam Research Corp. advanced 2.6% to $68.50 after the supplier of wafer fabrication equipment and services to the semiconductor industry reported results for the quarter ending in March.

Revenue edged up to $4.72 billion from $3.79 billion, net income jumped to $1.33 billion from $965.83 million, and diluted earnings per share rose to $1.03 from 73 cents a year ago.

The company guided for the quarter ending in June revenue to be $5.00 billion, compared to $3.87 billion in 2024, and diluted earnings per share to be $1.20, compared to $7.78 a year earlier.

Chipotle Mexican Grill Inc. slipped 2.05% to $47.76 after the fast-casual restaurant operator reported first-quarter 2025 results.

Revenue jumped to $2.87 billion from $2.70 billion, net income edged up to $386.60 million from $359.29 million, and diluted earnings per share rose to 28 cents from 26 cents a year ago.

Comparable restaurant sales decreased 0.4% in the quarter, driven by bad weather and a slowdown in consumer spending.

Food, beverage, and packaging costs in the first quarter were 29.2% of total revenue, an increase from 28.8% in the first quarter of 2024, but the increase was partially offset by higher menu prices.

The company opened 57 company-owned restaurants with 48 locations, including a Chipotlane, and two international licensed restaurants during the quarter.

Chipotle guided fiscal 2025 comparable sales growth in the low single-digit range, and it plans to open between 315 and 345 new company-owned restaurants, with over 80% having a Chipotlane.