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Earnings Release Call First Quarter 2021 Tuesday, May 4, 2021
Earnings Release Call
Tuesday, May 4, 2021On the Call Today
President and CEOFay West
Forward -Looking Statements &
Our remarks this morning and our answers to questions may contain forward -
looking statements regarding the company’s expectations of future performance.
Such statements are subject to risks and uncertainties, and our actual results may
differ materially from those contained in the statements. These risks and
uncertainties are described in today’s news release and the documents we file with
the Securities and Exchange Commission. We encourage you to review those
documents, particularly our Safe Harbor statement, for a description of the risks
and uncertainties that may affect our results.
Additionally, on this conference call we will discuss non -GAAP measures that
include or exclude certain items. Our 2021 First -quarter earnings release includes
the comparable GAAP measures and a reconciliation of these non -GAAP
measures to our GAAP results.
Financial Results Conference Call
4First Quarter 2021
▪Strong first quarter results
▪Organic growth across all regions
▪Focused on serving our customers
▪Continued investment in our enterprise strategy
▪Raising full -year guidance that reflects:
▪Strong Q1 demand and positive sales trends
▪Operational improvements
▪Commodity and freight headwinds
▪Prudent expense management
5Challenges and Enterprise Strategy
▪Mitigating significant challenges to deliver financial results
▪Challenges: commodity inflation, transportation -related issues, parts shortages, and
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