us health quarter these today joining welcome of first staying We to XXXX And we and you Thank morning’s our and release. review our appreciate challenging safe in conference Sid. good this earnings are you, for hope times, enjoying you call.
world. with pandemic around its and significant comments the would regarding the to few We a begin call impact like today’s COVID-XX
this of and is Our first against providers hearts thank greatly of go Their health care and our on those to and communities commitment admirable care of we protection our the responders the and fight millions outbreak. lines to people affected front COVID-XX, the by appreciated. out
owe GPC also gratitude of associates the a our across global to debt We family.
stepped operations positioned we every to our each our needs. be business Each values other, customers’ Our teams to ensure of team are businesses, take our navigate and members with rallied and have healthy, Working remain displays serve as powerful are employees essential segments during our proud and we communities. safe care our our GPC to classified crisis to well day these stay of as able times. critical and unprecedented the our are up our customers our of customers a to three team, to lived commitment
and require distancing everyone, mask, protocols few social the in make many temperature movement we To at Like widely PPE within buildings, now sanitizer available for our a business. other facilities new our team our of way direct operations. mates, we and examples, mandate checks patterns us to highlight adjust conduct implement
associates created flexible customers, attendant our develop environment. work safe We operating policies remote strategies for to implemented and a and our ensure phase plans
collective base. efforts. we stepped weekly our and communication our reports our provide We updates information employee distribute progress approach global Importantly, up with to on and daily
a positive, remain to and have productive teams transition technological our Our enable new our technology platforms hard XX,XXX and talented all to Despite IT connected. worked associates reality. new routines, our seamless
colleagues We this throughout who give so communities are proud recognize crisis. to exceptionally our back to our also to have generous been
fellow and and care to charitable donated need and PPE hospitals mates organizations, including continued GPC that the have relief we have supplies We our numerous support and safety many health have examples where team internal centers. cleaning funds support of
be a core In back addition, always their employees our Giving value. to time has and numerous volunteered worthy causes. GPC will
teams Carol XX highlights, segments over the detail a have days; one, responded. few over to want the how that, business start turn handing to we and circumstances, will environment past provide business by our call the commentary to, then of on to the each sharing After financial first before the the Given quarter and I’ll we two, results.
excluding of impact reported X.X% or a approximately So total on billion, divestitures first for were sales the basis. $X.X down up the quarter X.X%,
were weather X% over through market For perspective, February, up and sales industrial mixed mild despite end trends.
X% the first in also strong, up half March were Sales of period year. to the the same approximately compared prior
sales the an virus we the second experienced prior same period to year. accelerated, half of the As impact the XX% approximate decrease compared March during
and $X.XX, negative the per income first impact were $X.XX Net with XXXX EPS net contributed $X.XX an XXXX income approximate and earnings We net sales negative per in X% million to to or adjusted to impact a million was quarter first the quarter at share. $XXX $XXX share estimate during COVID-XX.
business the our and to environment response. Moving
February call, from teams fourth earnings momentum highlighted solid with building XXXX You might performance. were in we the quarter strong the our recall a
We entered on poised growth, was for initiatives. XXXX an improving to year our capital focused allocation performance XXXX GPC. our strategic operating and exciting be
spoke on China, as these commenting and impacted to as In was initiatives outbreak. chain the at our time, mid-February, we results, operations supply released plans well the we by when in which, XXXX
broadly demand COVID-XX felt began mid-March. globe, to in As we around see was more the impact the of declines in
first France New shelter month of followed trend quarter and Zealand National and This and operations. in continued for balance broad our the impacted of April. throughout in place lockdowns mandates the the
strong have over the in am to Teams of managing executed the business. acted which and crisis, proud months. discipline. with across elevated past demonstrated I stepped the we and coordinated up, the cadence the urgently two response we leadership the have In are company
the best our coordinate of cross-functional formed practices frequency information leadership COVID-XX a across and the response cadence decision-making, accelerate increased team teams. to and We rapidly-changing global global sharing analyze
realities rapid cost to sales XX activity. developed a new our As cost We the address action took identify, disciplined result, volume to of prioritize given and process business actions. nearly and structures we analyze a enterprise
in professional and marketing include absences, reductions, of to reductions, facility and Select reduction voluntary and and of freezes, hours collections, T&E commissions, cost a savings rent leave put and reductions name government subsidies few. delayed relief, merit reduced closures, executive just headcount officer place expense increases, in involuntary actions hiring operations, reductions, pay bonuses fees
and We action to models adjust and financial business scenario forecast weekly detailed assess process a reality. performance created refined built to
and evaluate respond appropriately as and to business implement discipline are markets cost continue teams savings focused measures conditions recover. cost to to our on the maintaining Our
We operating chain should that is supply mention well. our global
and capacity including chain, is and performing foreign to supply domestic largely logistics, seen manufacturing Our levels at COVID-XX. prior
to the units, operating our believe we supplier any power of scale, advantage intense teamwork our as create We service and global diversification across our disruption of geographic partners for work product potential business and minimize customers. an
to cautiously PPE a few monitor pre-crisis the still to as returning product such are categories full recovery. about continue that We path levels, to in geographies we are optimistic specific but
support. remiss take thank opportunity our not valued be did their we partnership to and procurement would We teams if unwavering for publicly the our and GPC suppliers
a let’s Now segments, beginning group. our review with global to business automotive our turn of
For decline the were sales first automotive American of with North this our X.X% had sales quarter, down down sales quarter, a excluding XX% X.X%. divestitures. comp group operations, first in In represented total revenues X%, of and U.S. the
decline impact last reflects of winter weather due combination to the the the January in a half sales February COVID-XX XXXX start slow that and of the to and in of March. Primarily, sales pressured the mild
quarter. XX% our business. in March, segments up declines sales both sales commercial over strong These in the the X% started headwinds weeks by of of sales the fell drove midmonth, and final two While through retail
U.S. overall. for the sales, automotive And DIFM our crisis. DIY of segment, quarter with the DIY flipped March resilience in XX% represents while total our showing throughout outperformed sales This more this which late
Under driving the current business DIY have significantly conditions, have factor important and sales. increased in online orders been an
U.S. up online, store, buy Our a purchase. in including omnichannel allow options market, capabilities, making variety ship-to-home expanded pick convenient to such every as delivery of initiatives, when pickup customers and our curbside a next-day
store near the as proposition side our DIY this enhance addition, customer commercial services, delivery long has We the that to services and on environment provide will touchless additional deliveries In our us to term. value customers. believe in and prompted both prove such these same-day for
Before U.S. customers. and the our our AutoCare we automotive thought we state of independent financial update good leaving share owners would on our an operations,
working several businesses with April benefit help financial our financial team, As closely we our independently-owned with these mentioned in from along our them. to to available release, partners, six of assistance are NAPA the them
Act. several with of receiving have the a majority continued involved XX% decline. education vast Cares the date, has independent for applied assistance expect owners and This PPP regarding NAPA funding To our programs, including
loan The our of majority deferrals and relief. other as SBA financial payment have standard loans owners for disaster such support, also applied for
to Importantly, would COVID-XX. had we emphasize that of NAPA close our owners to their due none businesses
more AutoCare In of addition, than XX% which open among customers, funded. XX% with for business, currently for filed over have assistance our NAPA remain center most
ensure financial partners them We these of are pull-through with to confident stability continue they and work we’ll the to difficult times. these in key
was business which declines, by experienced our digit offset also Canadian trending February, mid-single sales we acquisitions. Canada, slightly In were Through partially positive. comp
half early with sales last gradually over in the of before orders. provincial accordance place month, to falling XX% Although began March shelter in slow in the
automotive driven primarily our in PartsPoint were of by sales foreign impact as Europe, digit XX%, the sales, offset incremental benefit high decline and driven acquisitions COVID-XX as core by were XXXX. in In a Sales Todd well from the currency. by up single the
restrictions to of especially comp significantly the XX% preemptive After relatively and market we total Europe, our later is sales pressured approximately flat of posting government month. the in through this XX revenues. slowed March following European largest forward lockdown in France February, France. in And early March look Europe easing these were representing in
much for results for including represent expectations in via which In is a measures, reductions. several light our Europe addressing the conditions improved setback, current cost team of our earlier XXXX, temporary aggressive
of we footprint continue France, fragmented large key competitive addition, and as a Netherlands network In Germany, and U.K., vast including European our regions, operations the to Poland, an advantage. important several Belgium, in with a view across marketplace the expanded
this market-leading for to from to on actively in emerge and build well these position positioned growth business operations are our We its expect committed to the the pandemic strategy recovery.
where single-digit growth results expansion significant low negative automotive foreign from margin Zealand, translation. despite currency we and in New strongest operating posted impact and a were Our Australia comp
the least was affected region COVID-XX in This by March.
New less also automotive Although XX% represents which was a lockdown. Australasian our of mandatory than under revenues, Zealand,
have strong retail sales and for driver As online this U.S., the sales solid in this crisis been through of region. a
markets. support buy online, capabilities, continue customers from in in store deliver Repco all to the pick store, utilizing through up fleet We delivery our store vehicles of and
and the online business. With growth in the is parts has accessories demand, acquisition of the timeliness online proven leading automotive beneficial. Australia’s especially Sparesbox in XXXX dramatic Sparesbox
we and automotive across And enhance global specialized its marketplace operations. to Australasia in expertise improve our of the capabilities understanding our utilized omnichannel have our and digital
demand first the experienced in recap our So on that’s quarter had COVID-XX group global headwinds we significant impact a the late performance. The a and to automotive of quarter. relative
miles continue to term. to And activity the of pressure decline in despite we in segment the driven, overall the a consumer our expect economic this and near fundamentals long-term aftermarket, confidence over spending
up billion, X.X%, $X.X turning excluding divestiture. approximate Now were sales sales X.X%, Industrial global Total to X% were Parts Group. comp including of down COVID-XX. the American the due our to an in EIS sales North impact decline
of acquisitions, the challenges the was in July well the Zealand offset well Inenco as despite of in X.X% first contributed This well in which of was Australasia as as performed the quarter acquired other sales. addition and New Southeast Inenco as in XXXX of lockdown by Asia.
further at five Industries, last the months January industrial our slowdown was the operations, XXXX American Looking in North in the the February. of a in over to early Motion recovery signs six showing economy and industrial
the the economy when a challenges and industrial indicators, a managers presented production, Leading stabilizing index industrial of industry. such COVID-XX to for pointed set as new March until purchasing
activity and positive customer supplies economic the The PPE has category, for categories to of the demand just which from XX and broad safety last over course, of decline the our the benefited product demand two our growing pressure safety in throughout closures two in first includes on posting of This, gains led weeks year-over-year to the crisis. March sales products other quarter. related heightened
from By groups iron and food aggregate and steel, slight to sales cement XX machinery, and key gas. sectors, year-over-year for the industry double-digit posted declines processing automotive and and ranging sector, declines, equipment all for oil decreases and
for the quarter, COVID-XX said, to their impact team quarter eighth environment, industry delivered we environment. this far, of pressure the sell has thousands operating to Thus Despite business. which Motion sectors, With representing consecutive margin the soften the the that diverse declines cross-section well operated and the should customers, economic a sales sales in level improvement. demand continued of of of second of current
automation our expand and with in recovery. for repairs and to a surge demand associated continue capabilities maintenance we in incremental solutions Likewise, the prepare
and factories opening tracking We work returning our the customers their are actively status to plant. customers’ of seeing more and
hydraulics, drive electrical is among positive products, for categories, industry, This which pneumatics development our expect and transmission for core a the including we powered improved conveyance, to others. and industrial demand
Products positive Business SPR up of of of the which divestitures. supplies, updates, connection its the Canada segment with reflects the down reported business excluding in GCN sales and Group we sales COVID-XX or increase million, the safety our jan/san strong March. in especially X.X% see out to Rounding sales The X.X% of early impact $XXX and impact X.X%, began
was up in total in quarter. segment of offset from XX% this accounted categories. for this declines the our category category and core Sales This business XX% last revenues year have products in the business for first
we to trends expect as battle continue a to quarter COVID-XX, QX. we while more these challenging relative we through second And anticipate
Looking trends, longer-term our beyond evaluate for we business. these near-term continue to this plans
I’ll that, quarter. give the Carol? financials for to deeper you Carol it to look with at hand over So a our
