Genuine Parts (GPC)
Q1 2012 Earnings Call
April 19, 2012 11:00 am ET
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
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.
Mario Joseph Gabelli - GAMCO Investors, Inc.
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?
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts