Similar to all previous quarters (talking decades here), management refrained from making any bold predictions on what the next quarter may bring. This time, the tax refund season had a favorable impact and we also believe that previously deferred maintenance got reversed partly. Nevertheless, the conference call contained some interesting remarks on what the consumer’s been spending on and why O’Reilly’s been quite isolated from the surge in gasoline prices thus far. Long-time followers will recognize the unfavorable near-term impact on demand whenever oil prices spike.