Welcome to our dedicated page for Genuine Parts news (Ticker: GPC), a resource for investors and traders seeking the latest updates and insights on Genuine Parts stock.
Genuine Parts Company (NYSE: GPC) is a global service provider of automotive and industrial replacement parts and value-added solutions. The GPC news page on Stock Titan aggregates company-specific headlines drawn from press releases and regulatory disclosures, giving readers a focused view of how the business is evolving across its Automotive Parts Group and Industrial Parts Group.
News coverage for Genuine Parts Company often centers on quarterly and annual financial results, where the company reports sales, segment performance, earnings per share and updates to its full-year outlook. These releases also discuss comparable sales trends, non-GAAP metrics such as adjusted net income and free cash flow, and management’s commentary on market conditions and strategic initiatives.
Investors following GPC can also expect regular updates on capital allocation decisions, including announcements of quarterly cash dividends declared by the Board of Directors. Additional news items highlight governance and leadership developments, such as board refreshment actions, cooperation agreements with shareholders, and planned transitions in board leadership, including the appointment of a Chair-Elect to assume the role of Chairman and Chief Executive Officer.
Because Genuine Parts Company operates globally, its news flow may reference activities across the U.S., Canada, Mexico, Australasia and various European markets served by its automotive and industrial operations. For market participants, these updates provide context on how the company manages its distribution network, responds to external economic factors and pursues operational and strategic value creation initiatives.
By reviewing the GPC news page regularly, readers can track the company’s reported results, dividend actions, board decisions and other material events as they are disclosed through press releases and related communications.
On September 27, 2022, Genuine Parts Company (NYSE: GPC) announced plans to release its Third Quarter Earnings on October 20, 2022. Management will host a conference call at 11:00 a.m. ET on the same day, which will be accessible via the company's investor relations website and by phone. A replay will be available shortly after the call concludes. Genuine Parts Company, founded in 1928, operates globally in the distribution of automotive and industrial replacement parts, with over 10,000 locations across 17 countries and approximately 53,000 employees.
Genuine Parts Company (NYSE: GPC) announced its participation in two upcoming investor conferences: the Raymond James Diversified Industrials Conference on August 23 at 10:20 a.m. ET and the Goldman Sachs Global Retailing Conference on September 8 at 10:30 a.m. ET. Interested parties can access live webcasts of the events on the company’s investor relations website, with replays available post-event. Genuine Parts, founded in 1928, operates over 10,000 locations across 17 countries, distributing automotive and industrial replacement parts.
Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of $0.895 per share, payable on October 3, 2022, to shareholders of record as of September 2, 2022. This marks a continued commitment to shareholder returns. The company, founded in 1928, distributes automotive and industrial replacement parts across 17 countries through over 10,000 locations, employing approximately 53,000 individuals. This dividend reflects GPC's solid performance and dedication to providing income to its investors.
Genuine Parts Company (GPC) reported record sales of $5.6 billion for Q2 2022, marking a 17.1% increase from the previous year. Net income stood at $373 million or $2.62 per diluted share, up 92.6%. Adjusted net income rose 26.4% to $313 million. Automotive sales reached $3.5 billion (up 8.5%), while Industrial sales soared 34.5% to $2.1 billion. The company raised its full-year 2022 guidance for revenue growth to 12%-14% and EPS to $8.08-$8.23.
Genuine Parts Company (GPC) will report its Second Quarter Earnings on July 27, 2022. A conference call will follow at 11:00 a.m. ET, accessible via a live webcast on the Company's investor relations website or by dialing 888-317-6003 with conference ID 0479094. A replay will be available post-call. Founded in 1928, GPC distributes automotive and industrial replacement parts globally, with a network of over 10,000 locations across 17 countries.
Genuine Parts Company (NYSE: GPC) will present at the Evercore ISI Consumer and Retail Conference on June 9, 2022, at 11:00 a.m. ET. Presenters will include Paul Donahue, Chairman and CEO, and Bert Nappier, EVP & CFO. Interested parties can access a live webcast through the Company's investor relations website, with a replay available post-event. Founded in 1928, Genuine Parts Company specializes in the distribution of automotive and industrial replacement parts across 17 countries with over 10,000 locations and approximately 53,000 employees.
Genuine Parts Company (NYSE: GPC) has declared a quarterly cash dividend of $0.895 per share on its common stock. This dividend is set to be paid on July 1, 2022, to shareholders of record as of June 3, 2022. Established in 1928, Genuine Parts Company specializes in the distribution of automotive and industrial replacement parts across multiple countries, including the U.S., Canada, and Europe. With over 10,000 locations in 17 countries and approximately 53,000 employees, the company is a significant player in its industry.
Genuine Parts Company (NYSE: GPC) reported record sales of $5.3 billion for Q1 2022, an 18.6% increase, driven by strong growth in both Automotive and Industrial segments. Diluted EPS rose to $1.72, up 14.7%, with adjusted diluted EPS at $1.86, reflecting a 24.0% increase. The integration of Kaman Distribution Group is progressing well, contributing to overall sales growth, with the company raising its 2022 revenue outlook to 10%-12%. Operating cash flow increased to $398.8 million, highlighting the company’s strong financial position and cash generation capabilities.
Genuine Parts Company (NYSE: GPC) announced the acquisition of Lausan Group, effective April 12, 2022. This acquisition expands GPC's European automotive footprint by entering Spain and Portugal, where Lausan is a leading distributor of automotive aftermarket parts. Lausan, based in Bilbao, Spain, operates a national distribution center and 37 stores, projecting annual revenue of approximately €115 million ($125 million USD). GPC aims to leverage its European scale and NAPA brand to enhance Lausan's market presence.
Genuine Parts Company (NYSE: GPC) is set to announce its First Quarter Earnings on April 21, 2022. A conference call will follow at 11:00 a.m. ET, accessible via the Company’s investor relations website or by phone at 888-317-6003 (Conference ID: 2523809). A replay of the call will be available shortly after its conclusion. GPC is a leading distributor of automotive and industrial replacement parts, operating over 10,000 locations in 15 countries with around 52,000 employees.