Genuine Parts pany(GPC)
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Genuine Parts pany(GPC) - 2021 Q3 - Earnings Call Presentation
2021-10-21 19:30
| --- | --- | --- | --- | |-----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | Q3 2021 | | | | | Earnings Presentation | | | | | October 21, 2021 | | | | Genuine Parts Company Snapshot (NYSE: GPC) Founded 1928 Headquarters Atlanta, GA Countries Served 15 Locations ~10,600 • Warehouses • Distribution Facilities • Retail (Owned/Independent) ~900 ~190 ~9,500 Employees ~52,000 Market Capitalization2 ~$18.5B TTM FINANCIAL HIGHLIGHTS1 Revenue $18.3B • Automotive • Industrial ...
Genuine Parts pany(GPC) - 2021 Q3 - Earnings Call Transcript
2021-10-21 18:36
Genuine Parts Company (NYSE:GPC) Q3 2021 Earnings Conference Call October 21, 2021 11:00 AM ET Company Participants Paul Donahue – Chairman and Chief Executive Officer Sid Jones – Senior Vice President Investor Relations Will Stengel – President Carol Yancey – Executive Vice President and Chief Financial Officer Conference Call Participants Chris Horvers – JP Morgan Bret Jordan – Jefferies Greg Melich – Evercore ISI Daniel Imbro – Stephens Seth Basham – Wedbush Securities Liz Suzuki – Bank of America David ...
Genuine Parts pany(GPC) - 2021 Q3 - Quarterly Report
2021-10-20 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-5690 __________________________________________ GENUINE PARTS COMPANY (Exact name of registrant as specified in its charter) __________________________________________ | | | For the quarterly period ended September 30, 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 193 ...
Genuine Parts pany(GPC) - 2021 Q2 - Earnings Call Transcript
2021-07-22 20:15
Genuine Parts Company (NYSE:GPC) Q2 2021 Earnings Conference Call July 22, 2021 11:00 AM ET Company Participants Sid Jones – Senior Vice President of Investor Relations Paul Donahue – Chairman and Chief Executive Officer Will Stengel – President Carol Yancey – Executive Vice President and Chief Financial Officer Conference Call Participants Christopher Horvers – JPMorgan Kate McShane – Goldman Sachs Bret Jordan – Jefferies Greg Melich – Evercore ISI Seth Basham – Wedbush Securities Liz Suzuki – Bank of Amer ...
Genuine Parts pany(GPC) - 2021 Q2 - Earnings Call Presentation
2021-07-22 19:13
| --- | --- | --- | --- | |-----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 2021 | | | | | | | | | | Earnings Presentation | | | | | July 22, 2021 | | | | Genuine Parts Company Snapshot (NYSE: GPC) Founded 1928 Headquarters Atlanta, GA Countries Served 14 Locations 10,538 • Warehouses • Distribution Facilities • Retail (Owned/Independent) 878 189 9,471 Employees ~52,000 Market Capitalization2 ~$18.5B TTM FINANCIAL HIGHLIGHTS1 Revenue $17.9B • Automotive ...
Genuine Parts pany(GPC) - 2021 Q1 - Earnings Call Transcript
2021-04-22 20:15
Genuine Parts Co (NYSE:GPC) Q1 2021 Earnings Conference Call April 22, 2021 11:00 AM ET Company Participants Sidney Jones - SVP, IR Paul Donahue - Chairman & CEO William Stengel - President Carol Yancey - EVP & CFO Conference Call Participants Christopher Horvers - JPMorgan Chase & Co. Katharine McShane - Goldman Sachs Group Gregory Melich - Evercore ISI Scot Ciccarelli - RBC Capital Markets Bret Jordan - Jefferies Seth Basham - Wedbush Securities Brian Sponheimer - G. Research Daniel Imbro - Stephens Inc. ...
Genuine Parts pany(GPC) - 2021 Q1 - Earnings Call Presentation
2021-04-22 17:34
Genuine Parts 1Q21 Earnings Presentation April 22, 2021 Genuine Parts Company Snapshot (NYSE: GPC) Revenue • Automotive • Industrial GLOBAL FOOTPRINT TTM Revenue by Region1 KEY STATISTICS1 Founded 1928 10,469 823 182 9,464 $16.9B 66% 34% 8.6% 2.8% 74% North 15% Europe Headquarters Atlanta, GA Countries Served 14 America 11% Australasia Employees ~50,000 Market Capitalization2 ~$17.3B TTM FINANCIAL HIGHLIGHTS1 Segment Profit Margin3 Free Cash Flow3 ~$2.1B Dividend Yield4 Locations • Warehouses • Distribution ...
Genuine Parts pany(GPC) - 2020 Q4 - Earnings Call Presentation
2021-02-18 19:20
Genuine Parts 4Q20 Earnings Presentation February 17, 2021 Genuine Parts Company Snapshot (NYSE: GPC) GLOBAL FOOTPRINT 2020 Revenue by Region1,2 KEY STATISTICS1 | --- | --- | |---------------------------------|-------------| | | | | Founded | 1928 | | Headquarters | Atlanta, GA | | Countries Served | 14 | | Locations | ~10,400 | | • Warehouses | 840 | | • Distribution Facilities | 181 | | • Retail (Owned/Independent) | 9,400 | | Employees | ~50,000 | | Market Capitalization | ~$14.5B | 2020 FINANCIAL HIGHLI ...
Genuine Parts pany(GPC) - 2020 Q4 - Annual Report
2021-02-18 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-5690 GENUINE PARTS COMPANY (Exact name of registrant as specified in its charter) GA 58-0254510 (State or other jurisdiction of incorporation or ...
Genuine Parts pany(GPC) - 2020 Q4 - Earnings Call Transcript
2021-02-17 19:37
Financial Data and Key Metrics Changes - Total sales for Q4 2020 were $4.3 billion, down 1% year-over-year, with adjusted net income of $221 million and adjusted earnings per share of $1.52, up 20% [12][14][50] - The company achieved a 14% increase in total operating profit and an 8.8% operating margin, reflecting a 110 basis-point improvement from Q4 2019 [13][47] - For the full year, total sales were $16.5 billion, down 5.6%, with adjusted gross margin improving to 34.5% from 33.5% in 2019 [41][42] Business Segment Data and Key Metrics Changes - Automotive segment represented 66% of total sales, with Q4 sales of $2.8 billion, a 1% increase from 2019, and segment profit margin up 130 basis points to 8.5% [15][52] - Industrial segment sales were $1.4 billion, down 3.3% from Q4 2019, but segment profit increased by 5% with a profit margin of 9.3% [24][53] Market Data and Key Metrics Changes - By region, 73% of revenues were from North America, 16% from Europe, and 11% from Asia Pacific, with strong growth in Asia Pacific and a mixed performance in Europe and North America due to COVID-19 restrictions [15][17][22] - In January 2021, average daily sales were up low double digits in the U.S. and for the global Automotive Group, indicating a positive start to the year [22] Company Strategy and Development Direction - The company plans to continue executing global initiatives and invest in its omni-channel strategy, focusing on digital capabilities and expanding its global store footprint [21][60] - Strategic actions taken in 2020 aimed at simplifying the business and enhancing operational productivity, with a focus on profitable organic growth and disciplined capital deployment [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of the automotive and industrial segments, citing favorable industry fundamentals and a growing vehicle fleet [23][67] - The company anticipates total sales growth of 4% to 6% for 2021, with earnings per share expected to be in the range of $5.55 to $5.75 [64][66] Other Important Information - The company reported a strong balance sheet with $2.9 billion in available liquidity and a reduction in total debt by 22% year-over-year [57][58] - The Board approved a $3.26 per share annual dividend for 2021, marking the 65th consecutive annual increase [62] Q&A Session Summary Question: Trends in NAPA U.S. performance - Company stores slightly outperformed independents in Q4, with strong performance in the Western division and some softness in the Southeast and Northeast [75][78] Question: Supply chain challenges - The battery business performed well, but supply constraints were noted, particularly due to labor shortages and raw material issues [80][81] Question: Improvement in DIFM business - The DIFM business showed positive trends in January, indicating a potential recovery as economies reopen [85][86] Question: Gross margin and SG&A outlook - Continued improvement in gross margin is expected, with permanent cost savings from 2020 rolling into 2021, despite some headwinds in payroll and freight [89][90]