Genuine Parts Co (NYSE:GPC)

$ 126.73 -0.14 (-0.11%) Market Cap: 17.62 Bil Enterprise Value: 22.53 Bil PE Ratio: 16.31 PB Ratio: 3.75 GF Score: 82/100

Genuine Parts Co at Raymond James Diversified Industrials Conference (Virtual) Transcript

Aug 24, 2021 / 12:40PM GMT

Release Date Price: $123.23 (+0.57%)

Transcript

Samuel John Darkatsh

Raymond James & Associates, Inc., Research Division - Research Analyst

Good morning, and, Will, give me a thumbs-up if you can hear me okay. Terrific. I'm Sam Darkatsh, and on behalf of Raymond James, we'd like to welcome you to the Genuine Parts presentation, ticker GPC. With us today from Genuine is President, Will Stengel; Executive Vice President and CFO, Carol Yancey; President of Motion Industries, Randy Breaux; and Senior Vice President of Investor Relations, Sid Jones.

For reference, Genuine Parts is a global service organization distributing both automotive and industrial replacement parts via over 10,000 locations in 14 countries. Genuine's Automotive Parts Group, largely NAPA, distributes replacement parts in North America, Australasia and Europe. Genuine's Industrial Parts Group, largely Motion Industries, distributes replacement parts in North America and Australasia.

The format of today's presentation will be as follows. The company will have, perhaps, 5 minutes or so of prepared introductory remarks, followed by a fireside chat Q&A session,

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