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Genuine Parts' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Stocks in this article: GPC

Genuine Parts (GPC)

Q1 2012 Earnings Call

April 19, 2012 11:00 am ET

Executives

Carol B. Yancey - Senior Vice President of Finance and Corporate Secretary

Thomas C. Gallagher - Chairman, Chief Executive Officer and Chairman of Executive Committee

Paul D. Donahue - President and President of The U S Automotive Parts Group

Jerry W. Nix - Vice Chairman, Chief Financial Officer, Principal Accounting Officer, Executive Vice President of Finance, Director and Member of Executive Committee

Analysts

Elizabeth Lane - BofA Merrill Lynch, Research Division

Patrick Palfrey - RBC Capital Markets, LLC, Research Division

Matthew J. Fassler - Goldman Sachs Group Inc., Research Division

Michael Montani - ISI Group Inc., Research Division

Brian Sponheimer - Gabelli & Company, Inc.

Judy Merrick

Mario Joseph Gabelli - GAMCO Investors, Inc.

Presentation

Operator

Good morning. My name is Jodie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Genuine Parts Company First Quarter 2012 Earnings Release Conference Call. [Operator Instructions] I would now like to introduce Ms. Carol Yancey, Senior Vice President of Finance. Please go ahead.

Carol B. Yancey

Thank you. Good morning, and thank you for joining us today for the Genuine Parts First Quarter Conference Call, where we'll discuss our earnings results and the outlook for the remainder of 2012.

Before we begin this morning, please be advised that this call may involve forward-looking statements regarding the company and its businesses. The company's actual results could differ materially from any forward-looking statements due to several important factors described in the company's latest SEC filings. The company assumes no obligation to update any forward-looking statements made during this call. We will begin this morning with comments from Tom Gallagher, our Chairman and CEO. Tom?

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