Genuine Parts Q1 2020 Earnings Report
Key Takeaways
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.
Sales of $4.6 Billion, Down 3.7%; Excluding Divestitures, Up 1.1%
Diluted EPS $0.94; Adjusted EPS $0.92
Enacted Preparedness Plan to Protect our People
Operations remain safe, open and positioned to service our customers' critical needs during these unprecedented times
Genuine Parts
Genuine Parts
Genuine Parts Revenue by Segment
Forward Guidance
Due to the economic uncertainty as a result of the rapidly evolving COVID-19 pandemic and the limited visibility on the impacts to our businesses, we cannot reasonably estimate the Company's full year financial and operating results at this time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income