During the second quarter, I traveled to Canada and was impressed by the deep expertise and market knowledge that our long tenured Canadian team brings to the business.

Aug 22, 2024 / receipt, needs a key / Shane O'Kelly, CEO | earnings call 2024-08-22 | transcript 6db0444c-1a09-47fc-b2ff-89c0543e8df4 | chars 5755-5923 | segment 6

I continued to travel coast to coast during the past few months, meeting customers, meeting team members from our stores and team members from our distribution centers.

Feb 28, 2024 / receipt, needs a key / Shane O'Kelly, CEO | earnings call 2024-02-28 | transcript 8f19e4c7-1765-41c9-b3d5-7df53a162687 | chars 1326-1494 | segment 1

In addition to that, looking very closely at travel and any other discretionary costs that we really don't think we need going into the last 12 weeks of the year here.

Nov 16, 2022 / receipt, needs a key / Jefferies, other | earnings call 2022-11-16 | transcript 1720edca-d5c9-4473-a4eb-9a62b70588bd | chars 36301-36468 | segment 36

And the pro, once again, wasn't a surprise. We felt it was going to lead the way as people, you know, returned to offices and school and started to travel again for both personal and business. These kind of consumer dynamics that were created by the pandemic created an increased need for people having their vehicle. It's been a positive on miles driven and our industry overall.

Nov 16, 2021 / receipt, needs a key / Tom (CEO), CEO | earnings call 2021-11-16 | transcript 525509a1-b1e6-46ec-92aa-9bcce762d836 | chars 29857-30237 | segment 30

For example, during COVID, we limited company-wide travel, which will continue for the balance of the year. Going forward, we intend to leverage virtual options and do not plan to return to pre-COVID levels of travel.

Nov 10, 2020 / receipt, needs a key / Tom, other | earnings call 2020-11-10 | transcript 37dea120-1940-4509-a247-7a028388bb50 | chars 15289-15506 | segment 15

We're going to continue to control things like travel.

Aug 18, 2020 / receipt, needs a key / Jeff, other | earnings call 2020-08-18 | transcript 816b1b58-7cbf-4a71-992f-beb81274b729 | chars 31410-31464 | segment 32

Additionally, we saw favorability in travel and a reduction in insurance expenses.

Aug 18, 2020 / receipt, needs a key / Jeff, CFO | earnings call 2020-08-18 | transcript 816b1b58-7cbf-4a71-992f-beb81274b729 | chars 18456-18538 | segment 19

Due to travel restrictions and prioritization of critical projects related to our COVID response, we've temporarily delayed converting other DCs for now.

May 19, 2020 / receipt, needs a key / Tom, CEO | earnings call 2020-05-19 | transcript fc3c4a12-48a4-4d7e-b496-bf6099d7360d | chars 14492-14645 | segment 14

In the first quarter, expense reductions included the continuation of our back office consolidations, which were planned prior to the outbreak, as well as the suspension of all travel and deferral of certain marketing expenses to later in the year.

May 19, 2020 / receipt, needs a key / Tom, CEO | earnings call 2020-05-19 | transcript fc3c4a12-48a4-4d7e-b496-bf6099d7360d | chars 15752-16000 | segment 16

DIY and Pro operating model standardization

ir_statement / Sep 16, 2026 / receipt

Labor productivity improvements to drive higher fixed cost leverage

ir_statement / Sep 16, 2026 / receipt

Optimize transportation to lower supply chain costs

ir_statement / Sep 16, 2026 / receipt

Store closures to optimize footprint for long-term success

ir_statement / Sep 16, 2026 / receipt

Strategic sourcing to lower direct product costs

ir_statement / Sep 16, 2026 / receipt

Reduce time to serve and improve sales efficiency

ir_statement / Sep 16, 2026 / receipt

PRODUCTIVITY REVIEW IDENTIFIES OVER 500BPS OF MARGIN OPPORTUNITY

ir_statement / Sep 16, 2026 / receipt

IMPROVE MARGINS THROUGH MERCHANDISING, SUPPLY CHAIN AND OPERATIONAL EFFICIENCIES

ir_statement / Sep 16, 2026 / receipt

OPTIMIZE COST STRUCTURE AND ASSET BASE

ir_statement / Sep 16, 2026 / receipt

Pro-forma Run Rate $8.2 to 8.4 Billion

ir_statement / Sep 16, 2026 / receipt

Store closures ($0.6 - $0.8 Billion)

ir_statement / Sep 16, 2026 / receipt

FY25 $8.4 - 8.6 Billion

ir_statement / Sep 16, 2026 / receipt