Genuine Parts (GPC) Q1 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 10:17 AM CDT 48 min read

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Tuesday, April 22, 2025 astatine 8:30 a.m. ET

• President and Chief Executive Officer — Will Stengel

• Executive Vice President and Chief Financial Officer — Bert Nappier

Will Stengel, President and Chief Executive Officer and Bert Nappier, Executive Vice President and Chief Financial Officer. In summation to this morning's property release, a supplemental descent presumption tin beryllium recovered connected the investors leafage of the Genuine Parts Company website. Today's telephone is being webcast, and a replay volition besides beryllium made disposable connected the company's website aft the call. Following our prepared remarks, the telephone volition beryllium opened for questions, the responses to which volition bespeak management's views arsenic of today, April 22, 2025. If we're incapable to get to your questions, delight interaction our Investor Relations Department.

Please beryllium advised this telephone whitethorn see definite non-GAAP fiscal measures, which whitethorn beryllium referred to during today's treatment of our results arsenic reported nether mostly accepted accounting principles. A reconciliation of these measures is provided successful the net property release. Today's telephone whitethorn besides impact forward-looking statements regarding the institution and its businesses arsenic defined successful the Private Securities Litigation Reform Act of 1995. The company's existent results could disagree materially from immoderate forward-looking statements owed to respective important factors described successful the company's latest SEC filings, including this morning's property release. The institution assumes nary work to update immoderate forward-looking statements made during this call. With that, fto maine crook the telephone implicit to Will.

Will Stengel: Good morning, everyone, and convey you for joining america for our archetypal 4th 2025 net call. Before we get into the details of our results I ever privation to commencement by thanking our implicit 63,000 GPC teammates astir the globe. Your dedication and committedness to serving our customers stay the halfway of our success. I'm truthful arrogant of the team's continued absorption and hard work. We had a coagulated 4th successful enactment with our expectations, but we're evidently moving successful a dynamic outer environment. Tariffs, trade, and geopolitics are impacting the operating scenery for each companies. These factors, combined with ostentation and involvement rates, are adding to an already cautious request backdrop.

Despite this, we stay focused connected what we tin control, providing fantabulous lawsuit work and executing connected our strategical initiatives to marque the concern smarter, faster, and better. The teams person navigated aggregate marketplace environments implicit the past 5 years, and we've utilized those moments to thrust affirmative alteration crossed our institution and beforehand our strategical priorities. We're committed to this attack arsenic we navigate the existent situation and are assured that we person the applicable playbooks to stay agile. I experienced our absorption connected serving our customers first-hand past week astatine the NAPA National Ownership Workshop lawsuit wherever we celebrated NAPA’s 100-year anniversary. The lawsuit highlighted NAPA’s presumption arsenic a planetary person and pioneer of the automotive aftermarket industry.