Genuine Parts Earnings Reports

Genuine Parts Company saw Q4 revenue rise by 3.3% YoY, reaching $5.77 billion, primarily driven by acquisitions. However, net income fell sharply by 57.98% due to restructuring and inventory write-downs. Adjusted EPS declined by 28.76%. The company continues restructuring efforts into 2025 while targeting operational efficiency improvements.

Genuine Parts Company reported sales of $6.0 billion, a 2.5% increase compared to the same period last year. Diluted EPS was $1.62, and adjusted diluted EPS was $1.88. The company revised its full-year outlook, expecting revenue growth of 1% to 2% and adjusted diluted EPS of $8.00 to $8.20.

Genuine Parts Company reported a 0.8% increase in sales to $6.0 billion. Diluted EPS was $2.11, down 13.5%, while adjusted diluted EPS was $2.44, in-line with the prior year. The company revised its full-year outlook, expecting revenue growth of 1% to 3% and adjusted diluted EPS of $9.30 to $9.50.

Genuine Parts Company reported a slight increase in sales and an increase in adjusted diluted EPS. Sales were $5.8 billion, up 0.3%, and adjusted diluted EPS was $2.22, up 3.7%. The company reaffirmed its revenue growth outlook for 2024 and updated its adjusted diluted EPS outlook.

Genuine Parts Company reported a 1.1% increase in sales to $5.6 billion and a 27.7% increase in diluted EPS to $2.26 for the fourth quarter of 2023. The company's diverse business segments contributed to the results, with the Industrial and International Automotive businesses outperforming expectations.

Genuine Parts Company reported a 2.6% increase in sales to $5.8 billion and a 13.2% increase in diluted EPS to $2.49 for the third quarter of 2023. The company reaffirmed its full-year revenue growth outlook and updated its diluted EPS guidance.

Genuine Parts Company reported a solid quarter with record sales of $5.9 billion, a 5.6% increase year-over-year. Diluted EPS was $2.44, down 6.9%, but up 10.9% from adjusted diluted EPS in 2022. The company updated its 2023 outlook, reaffirming revenue growth of 4% to 6% and increasing diluted EPS to $9.15 to $9.30.

Genuine Parts Company reported record sales of $5.8 billion, an 8.9% increase year-over-year, and diluted EPS of $2.14, up 24.4%. The company's performance was driven by its multi-year strategic transformation and the geographic diversity of its operations. GPC updated its full-year outlook, increasing diluted EPS to $8.95 to $9.10 and cash from operations to $1.3 billion to $1.4 billion.

Genuine Parts Company reported a strong fourth quarter with sales of $5.5 billion, a 15.0% increase year-over-year. Diluted EPS was $1.77, and adjusted diluted EPS was $2.05, up 14.5%.

Genuine Parts Company reported record sales of $5.7 billion, a 17.8% increase, with diluted EPS of $2.20, up 38.4%, and adjusted diluted EPS of $2.23, up 18.6%. The company is raising its 2022 outlook for revenue growth and diluted and adjusted diluted EPS.

Genuine Parts Company reported record sales of $5.6 billion, a 17.1% increase, and diluted EPS of $2.62, up 92.6%. Adjusted diluted EPS was $2.20, a 26.4% increase. The company also raised its 2022 outlook for revenue growth and diluted and adjusted diluted EPS.

Genuine Parts Company reported record sales of $5.3 billion, up 18.6%, with diluted EPS of $1.72, up 14.7%, and adjusted diluted EPS of $1.86, up 24.0%. The company is raising its 2022 outlook for revenue growth and diluted and adjusted diluted EPS.

Genuine Parts Company reported a 13.0% increase in sales to $4.8 billion for the fourth quarter of 2021. Diluted EPS from continuing operations was $1.79, with adjusted diluted EPS also at $1.79, up 17.8%. The company highlighted its 17th consecutive quarter of year-over-year gross margin improvement and announced the acquisition of Kaman Distribution Group.

Genuine Parts Company reported strong financial results for the third quarter of 2021, with sales reaching $4.8 billion, a 10.3% increase year-over-year. The company's adjusted diluted EPS from continuing operations was $1.88, a 15% increase and a new record. The company also raised its 2021 outlook for revenue growth, diluted EPS, adjusted diluted EPS, and free cash flow.

Genuine Parts Company reported a strong second quarter with sales of $4.8 billion, up 25.1% compared to the same period last year. Diluted EPS from continuing operations was $1.36, and adjusted diluted EPS from continuing operations was $1.74, up 32% and a new record. The company also returned capital to shareholders via dividends and share repurchases and strengthened its balance sheet with strong cash flow.

Genuine Parts Company reported a strong start to 2021, with sales up 9.1% to $4.5 billion and diluted EPS from continuing operations up 79% to $1.50. The company also raised its 2021 outlook for revenue growth and diluted EPS.

Genuine Parts Company reported fourth-quarter sales of $4.3 billion, a slight decrease of 0.7% year-over-year. However, adjusted diluted EPS from continuing operations increased by 19.7% to $1.52, driven by improved gross margins and lower operating expenses.

Genuine Parts Company reported sales of $4.4 billion, a decrease of 3.4% compared to the same period last year. Diluted net income per share from continuing operations was $1.61, up 11%, and diluted adjusted EPS from continuing operations was $1.63, up 17%. The company strengthened its balance sheet, enhanced liquidity, and generated strong cash flows.

Genuine Parts Company reported a decrease in sales of 14.2% to $3.8 billion, impacted by the COVID-19 pandemic. Diluted net loss per share was $2.52, while diluted adjusted EPS was $1.32. The company strengthened its balance sheet and enhanced liquidity through strong cash flows and the sale of S.P. Richards' U.S. operations.

Genuine Parts Company's first quarter results were driven by total sales growth of 1.1% excluding the impact of divestitures. The sales and operating environment were severely impacted by the COVID-19 pandemic as the quarter progressed. The company enacted preparedness plan to protect people, ensure business continuity and position company for recovery.

Genuine Parts Company reported fourth quarter sales of $4.7 billion, a 2.2% increase compared to the same period in 2018. Diluted earnings per share were $0.06, while adjusted diluted earnings per share were $1.35. The company is establishing its full year 2020 sales guidance at Flat to up 1.0%, or up an adjusted 3.0% to 4.0% excluding the impact of the EIS and SPR Canada divestitures.