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Genuine Parts Co. - GPC STOCK NEWS

Welcome to our dedicated news page for Genuine Parts Co. (Ticker: GPC), a resource for investors and traders seeking the latest updates and insights on Genuine Parts Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Genuine Parts Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Genuine Parts Co.'s position in the market.

Rhea-AI Summary
Genuine Parts Company reported first-quarter 2024 results with sales of $5.8 billion, up 0.3%, and diluted EPS of $1.78, down 16.8%. Adjusted diluted EPS increased by 3.7% to $2.22. The company reaffirmed revenue growth of 3% to 5% and adjusted diluted EPS guidance for the full year. Automotive sales were up 1.9% while industrial sales decreased by 2.2%. The company generated $318 million in cash flow from operations and ended the quarter with $2.5 billion in total liquidity.
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Rhea-AI Summary
Genuine Parts Company (GPC) is set to release its first quarter financial results on April 18, 2024. The company, a global distributor of automotive and industrial replacement parts, will host a conference call at 8:30 a.m. ET following the release. Investors can access the webcast and earnings materials on the company's investor relations website or by dialing 1-800-836-8184. A replay will be available on the website or by calling 1-888-660-6345, ID 28852#.
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-0.17%
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conferences earnings
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Genuine Parts Company appoints James F. Howe as President of Motion, its industrial business, showcasing his extensive experience and expertise. Mr. Howe's long-standing service and leadership roles within the company highlight his capability to drive success and achieve great results.
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1.33%
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Rhea-AI Summary
Genuine Parts Company (NYSE: GPC) will have its leadership team present at investor conferences, including Raymond James 45th Annual Institutional Investors Conference and UBS 13th Annual Global Consumer and Retail Conference. The presentations will be webcast live on the company's investor relations website.
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0.94%
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conferences
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Rhea-AI Summary
Genuine Parts Company (NYSE: GPC) reported solid financial results for Q4 2023 and full-year 2023, with sales of $5.6 billion and $23.1 billion respectively. Diluted EPS increased by 27.7% in Q4 and 12.3% for the full year. The company also declared a dividend increase for the 68th consecutive year and provided an outlook for 2024 with revenue growth of 3% to 5% and adjusted diluted EPS of $9.70 to $9.90.
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-0.23%
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Rhea-AI Summary
Genuine Parts Company (NYSE: GPC) is set to release its fourth quarter and full-year financial results on February 15, 2024. The public can access the webcast and supplemental earnings materials on the company's investor relations website, and a conference call will be hosted by management at 8:30 a.m. ET. The call will also be available for replay on the company's website or by dialing a toll-free number.
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0.6%
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conferences earnings
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Genuine Parts Company (NYSE: GPC) Declares $0.95 Quarterly Cash Dividend
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-0.28%
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Rhea-AI Summary
Genuine Parts Company announces third quarter 2023 results with sales of $5.8 billion, up 2.6% and diluted EPS of $2.49, up 13.2%. Updates 2023 outlook with reaffirmed revenue growth of 4% to 6% and updated diluted EPS of $9.20 to $9.30.
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-12.51%
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Genuine Parts Company to present at the Gabelli Funds 47th Annual Auto Symposium
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0.65%
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Genuine Parts Company (NYSE: GPC) has published its 2023 Sustainability Report, emphasizing its commitment to sustainability and progress on environmental, social, and governance initiatives. The report can be viewed at www.genpt.com/sustainability.
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-3.18%
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Genuine Parts Co.

NYSE:GPC

GPC Rankings

GPC Stock Data

20.27B
138.95M
0.27%
80.19%
1.65%
Motor Vehicle Supplies and New Parts Merchant Wholesalers
Wholesale Trade
Link
US
Atlanta

About GPC

founded in 1928, genuine parts company (gpc) is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. our products and services are offered though a network of over 1,800 operations, geographically located across the united states, canada and mexico. with over 75 years of distribution expertise, our well-positioned, regionally located distribution centers provide us with the unique ability to adapt our product and service lines to better suit our customers' needs. gpc's commitment and reputation for just-in-time service position us as a critical partner in our customers' success. gpc began to diversify its product lines nearly 30 years ago into several end-markets with strong growth opportunities. although each product is unique, we have leveraged 75 years of distribution know-how to manage these businesses the gpc way - continually improving operating and distribution e