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    Greg Malik

    Managing Director at TD Securities

    Greg Malik is a Managing Director at TD Securities, specializing in equity research and coverage of Canadian industrial and diversified companies. Prior to joining TD Securities, he served as Managing Director at Cowen, bringing a depth of experience in analyzing names across the industrial, transportation, and diversified sectors. With over seven years of average tenure per employer and now several months in his current role, Malik has built a reputation for detailed sector insight and strong client advisory, though specific third-party investment performance metrics are not publicly available. His professional credentials include leadership positions at top-tier investment banks and expertise in covering a broad mix of publicly traded Canadian firms.

    Greg Malik's questions to GENUINE PARTS (GPC) leadership

    Greg Malik's questions to GENUINE PARTS (GPC) leadership • Q2 2025

    Question

    Greg Malik from Evercore ISI sought to confirm if the full-year inflation guidance implies a 300 basis point rate in the second half and if this was the primary driver for guided margin improvement. He also asked for details on the incremental restructuring expenses.

    Answer

    EVP and CFO Bert Nappier agreed the implied back-half inflation was in a "fair zip code." However, he clarified that margin improvement is driven by a combination of factors, including a better top line and accelerating benefits from cost actions and acquisition synergies. He detailed that the extra $30 million in restructuring is for simplifying operations and streamlining the back office, with an annualized benefit of over $200 million expected in 2026.

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    Greg Malik's questions to GENUINE PARTS (GPC) leadership • Q2 2025

    Question

    Greg Malik of Evercore ISI sought confirmation that the full-year inflation guidance implies a 300 basis point rate in the second half and asked if this was the primary driver for the guided margin improvement. He also inquired about the specifics of the incremental $30 million in restructuring expenses and the flow-through timing of the projected $200 million in savings.

    Answer

    EVP and CFO Bert Napier confirmed the implied inflation rate was in the right 'zip code.' He clarified that the expected second-half margin improvement is driven by a combination of factors, including a better top line and accelerating benefits from cost actions and acquisition synergies. He explained the additional restructuring costs are for further simplifying operations and streamlining back-office functions, particularly in IT and Europe. The savings are already benefiting the current year, with the full $200 million+ annualized benefit expected in 2026.

    Ask Fintool Equity Research AI

    Greg Malik's questions to GENUINE PARTS (GPC) leadership • Q2 2025

    Question

    Greg Malik sought to confirm if the full-year inflation guidance implied a 300 basis point rate in the second half and if this was the primary driver for expected margin improvement. He also asked for details on the incremental $30 million in restructuring expenses and the timing of the resulting $200 million in savings.

    Answer

    EVP and CFO Bert Napier confirmed the inflation math was in a "fair zip code" but stated that second-half margin improvement is also driven by accelerating benefits from cost actions and acquisition synergies. He explained the additional restructuring costs are for simplifying operations and streamlining the back office, with the full annualized benefit of over $200 million expected to be realized in 2026.

    Ask Fintool Equity Research AI

    Greg Malik's questions to GENUINE PARTS (GPC) leadership • Q2 2025

    Question

    Greg Malik sought to confirm if the full-year inflation outlook of 2% implies a 3% rate in the second half and if this was the primary driver of guided margin improvement. He also asked about the specifics of the incremental $30 million in restructuring expenses and the timing of the resulting $200 million in savings.

    Answer

    EVP and CFO Bert Napier confirmed the inflation math was in the correct range but clarified that second-half margin improvement is driven by a combination of factors, including a better top line and accelerating benefits from cost actions and acquisition synergies. He explained the additional restructuring costs are for simplifying operations and streamlining the back office, with savings already benefiting the current year and the full $200 million+ annualized benefit expected in 2026.

    Ask Fintool Equity Research AI