GPC earnings
Genuine Parts Company (GPC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Genuine Parts Company Reports First Quarter 2026 Results and Reaffirms Full-Year OutlookATLANTA, April 21, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the first quarter ended March 31, 2026. "The GPC team delivered first quarter results ahead of expectations, driven by solid sales growth and operating discipline across our business segments," said Will Stengel, Chair-Elect and Chief Executive Officer. "Our performance reflects the strength and resilience of our businesses despite a dynamic global environment. We are
- Genuine Parts Company to Report First Quarter 2026 Results on April 21, 2026ATLANTA, March 31, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release first quarter financial results on April 21, 2026. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 82208#, two hours after completion of the conference call.
- Genuine Parts Company Announces Plan to Separate Automotive and Industrial Businesses Into Two Industry-Leading Public CompaniesSeparation to Unlock Significant Shareholder Value and Enhance Strategic Clarity, Operational Focus and Financial Performance for Both CompaniesTax-Free Separation Expected to be Completed in the First Quarter of 2027Company to Announce Further Details Regarding Ongoing Operational and Strategic Initiatives at Investor Days for Global Automotive and Global Industrial in the Second Half of 2026Company to Host Conference Call Today at 8:30 a.m. ET to Discuss Fourth Quarter and Full-Year 2025 Earnings Results and the Separation AnnouncementATLANTA, Feb. 17, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and
- Genuine Parts Company Reports Fourth Quarter and Full-Year 2025 ResultsDeclares Dividend Increase for 70th Consecutive YearProvides 2026 OutlookSeparately Announces Plan to Separate Automotive and Industrial Businesses Into Two Industry-Leading Public CompaniesATLANTA, Feb. 17, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the fourth quarter and twelve months ended December 31, 2025. "We continued to advance our GPC strategies in 2025 while navigating a dynamic environment, thanks to the commitment of
- Genuine Parts Company to Report Fourth Quarter and Full-Year 2025 Results on February 17, 2026ATLANTA, Jan. 27, 2026 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release fourth quarter and full-year financial results on February 17, 2026. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 67947#, two hours after completion of the conference call.
- Genuine Parts Company Reports Third Quarter 2025 Results and Updates Full-Year OutlookSales of $6.3 billionDiluted EPS of $1.62Adjusted Diluted EPS of $1.98Updates 2025 Outlook:Revenue Growth to 3% to 4% from 1% to 3% Adjusted Diluted EPS to $7.50 to $7.75 from $7.50 to $8.00ATLANTA, Oct. 21, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2025. "Our third quarter results were in line with our expectations and demonstrate the ongoing execution of our strategic initiatives," said
- Genuine Parts Company to Report Third Quarter 2025 Results on October 21, 2025ATLANTA, Sept. 30, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release third quarter financial results on October 21, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 76425#, two hours after completion of the conference call.
- Genuine Parts Company Reports Second Quarter 2025 Results and Revises Full-Year OutlookSales of $6.2 billionDiluted EPS of $1.83Adjusted Diluted EPS of $2.10Revises 2025 Outlook:Revenue Growth of 1% to 3% from 2% to 4% Adjusted Diluted EPS of $7.50 to $8.00 from $7.75 to $8.25ATLANTA, July 22, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the second quarter ended June 30, 2025. "Our results for the quarter were in line with our expectations and reflect the execution of our strategic initiatives and cost restructurin
- Genuine Parts Company to Report Second Quarter 2025 Results on July 22, 2025ATLANTA, July 1, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release second quarter financial results on July 22, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 36617#, two hours after completion of the conference call.
- Genuine Parts Company Reports First Quarter 2025 Results and Reaffirms Full-Year OutlookSales of $5.9 billionDiluted EPS of $1.40Adjusted Diluted EPS of $1.75Reaffirms 2025 Outlook: Revenue Growth of 2% to 4% Adjusted Diluted EPS of $7.75 to $8.25ATLANTA, April 22, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the first quarter ended March 31, 2025. "We had a solid start to 2025, despite the tariffs and trade dynamics that are impacting the operating landscape," said Will Stengel, President and Chief Executive Office
- Genuine Parts Company to Report First Quarter 2025 Results on April 22, 2025ATLANTA, April 1, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release first quarter financial results on April 22, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 30546#, two hours after completion of the conference call.
- Genuine Parts Company Reports Fourth Quarter and Full-Year 2024 ResultsDeclares Dividend Increase for 69th Consecutive YearProvides 2025 Outlook Fourth Quarter 2024 Highlights Sales of $5.8 billionDiluted EPS of $0.96Adjusted Diluted EPS of $1.61Full-Year 2024 Highlights Sales of $23.5 billionDiluted EPS of $6.47Adjusted Diluted EPS of $8.16Cash from Operations of $1.3 billion; Free Cash Flow of $684 millionReturned $705 million to Shareholders via Cash Dividends and Share Repurchases2025 Outlook Revenue Growth of 2% to 4%Adjusted Diluted EPS of $7.75 to $8.25Dividend Increase of 3%ATLANTA, Feb. 18, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions,
- Genuine Parts Company to Report Fourth Quarter and Full-Year 2024 Results on February 18, 2025ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release fourth quarter and full-year financial results on February 18, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 95562#, two hours after completion of the conference call.
- Genuine Parts Company Reports Third Quarter 2024 Results and Revises Full-Year OutlookSales of $6.0 billionDiluted EPS of $1.62Adjusted Diluted EPS of $1.88Revises 2024 Outlook:Revenue Growth of 1% to 2% from 1% to 3%Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2024. "I would like to thank our global GPC teammates for their hard work in serving our customers during the third quarter," said Will Stengel
- Genuine Parts Company to Report Third Quarter 2024 Results on October 22, 2024ATLANTA, Oct. 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release third quarter financial results on October 22, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 72988#, two hours after completion of the conference call.
- Genuine Parts Company Reports Second Quarter 2024 Results and Revises Full-Year OutlookSales of $6.0 billion, Up 0.8%Diluted EPS of $2.11, Down 13.5%Adjusted Diluted EPS of $2.44, In-line with Prior YearRevises 2024 Outlook: Revenue Growth of 1% to 3% from 3% to 5%Adjusted Diluted EPS of $9.30 to $9.50 from $9.80 to $9.95ATLANTA, July 23, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, announced today its results for the second quarter ended June 30, 2024. "I want to thank each of our global GPC teammates for their hard work and dedication to serving our customers," said Will Ste
- Genuine Parts Company to Report Second Quarter 2024 Results on July 23, 2024ATLANTA, July 2, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, plans to release second quarter financial results on July 23, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 93997#, two hours after completion of the conference call.
- Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year OutlookSales of $5.8 billion, Up 0.3%Diluted EPS of $1.78, Down 16.8%Adjusted Diluted EPS of $2.22, Up 3.7% Updates 2024 Outlook: Reaffirms Revenue Growth of 3% to 5% Updates Adjusted Diluted EPS to $9.80 to $9.95 from $9.70 to $9.90ATLANTA, April 18, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its results for the first quarter ended March 31, 2024. "Our performance in the quarter highlights the value of our business mix paired with our geographic diversity as our teams delivered
- Genuine Parts Company to Report First Quarter 2024 Results on April 18, 2024ATLANTA, March 28, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results on April 18, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 28852#, two hours after completion of the conference call.
- Genuine Parts Company Reports Fourth Quarter and Full-Year 2023 ResultsDeclares Dividend Increase for 68th Consecutive YearProvides 2024 Outlook Fourth Quarter 2023 Highlights Sales of $5.6 billion, Up 1.1%Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Diluted EPS in 2022Full-Year 2023 Highlights Sales of $23.1 billion, Up 4.5%Diluted EPS of $9.33, Up 12.3%, or Up 11.9% from Adjusted Diluted EPS in 2022Cash from Operations of $1.4 billion; Free Cash Flow of $923 millionReturned $788 million to Shareholders via Cash Dividends and Share Repurchases2024 Outlook Revenue Growth of 3% to 5%Adjusted Diluted EPS of $9.70 to $9.90ATLANTA , Feb. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industria
- Genuine Parts Company to Report Fourth Quarter 2023 Results on February 15, 2024ATLANTA, Jan. 25, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, plans to release fourth quarter and full-year financial results on February 15, 2024. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 30941#, two hours after completion of the conference call.
- Genuine Parts Company to Report Third Quarter 2023 Results on October 19, 2023ATLANTA, Sept. 28, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial results on October 19, 2023. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 9754822. A replay of the call will be available on the company's website or toll-free at 877-344-7529, ID 7086770, two hours after the completion of the conference call.
- Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year OutlookRecord Sales of $5.9 billion, Up 5.6%Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022Updates 2023 Outlook:Reaffirms Revenue Growth of 4% to 6%Increases Diluted EPS to $9.15 to $9.30, Up from $8.95 to $9.10Reaffirms Cash From Operations of $1.3 Billion to $1.4 BillionATLANTA, July 20, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today its results for the second quarter ended June 30, 2023. "We are pleased to report another solid quarter, which includes
- Genuine Parts Company to Report Second Quarter 2023 Results on July 20, 2023ATLANTA, June 29, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) plans to release second quarter financial results on July 20, 2023. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 3398770. A replay of the call will be available on the company's website or toll-free at 877-344-7529, ID 9035640, two hours after the completion of the conference call. About Genui
- Genuine Parts Company Reports First Quarter 2023 Results And Raises Full Year OutlookRecord Sales of $5.8 Billion, Up 8.9%Diluted EPS of $2.14, Up 24.4%, or Up 15.1% from Adjusted Diluted EPS in 2022Updates 2023 Outlook: Reaffirms Revenue Growth of 4% to 6%Increases Diluted EPS to $8.95 to $9.10, Up from $8.80 to $8.95Increases Cash From Operations to $1.3 Billion to $1.4 Billion, Up from $1.2 Billion to $1.4 BillionATLANTA, April 20, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the first quarter ended March 31, 2023. "We are pleased with the continued strength and momentum in our business and excited to report results
- Genuine Parts Company to Report First Quarter 2023 Results on April 20, 2023ATLANTA, March 30, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release first quarter financial results on April 20, 2023. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 8846157. A replay of the call will be available on the company's website or toll-free at 877-344-7529, ID 8330727, two hours after the completion of the conference call. About Genui
- Genuine Parts Company Reports Results For the Fourth Quarter and Full Year 2022Fourth Quarter 2022 Highlights Sales of $5.5 billion, Up 15.0%Diluted EPS of $1.77Adjusted Diluted EPS of $2.05, Up 14.5%Full Year 2022 Highlights Record sales of $22.1 billion, Up 17.1%Segment Profit Margin of 9.4%, Up 60 basis pointsDiluted EPS of $8.31Adjusted Diluted EPS of $8.34, Up 20.7% and a New RecordCash From Operations of $1.5 billion, Up 16.6%; Free Cash Flow of $1.1 billion, Up 13.6%Returned $719 million to Shareholders via Cash Dividends and Share Repurchases2023 Outlook Revenue Growth of 4% to 6%Diluted EPS of $8.80 to $8.95ATLANTA, Feb. 23, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the fourth quarter and twelve months ended December
- Genuine Parts Company to Report Fourth Quarter 2022 Results on February 23, 2023 and Host Investor Day on March 23, 2023ATLANTA, Jan. 23, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) will release fourth quarter and full-year 2022 results on February 23, 2023. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 0079869. A replay of the call will be available on the company's website or toll-free at 877-344-7529, ID 1162108, two hours after the completion of the conference call. In addition, on March 23, 2023, GPC will host an Investor Day at 8 a.m. ET, from the company's headquarters in Atlanta,
- Genuine Parts Company Reports Third Quarter 2022 ResultsRecord Sales of $5.7 billion, Up 17.8%Diluted EPS of $2.20, Up 38.4%Adjusted Diluted EPS of $2.23, Up 18.6%Significant Progress on Integration of Kaman Distribution GroupRaising 2022 Outlook for Revenue Growth and Diluted and Adjusted Diluted EPSATLANTA, Oct. 20, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the third quarter ended September 30, 2022. "The GPC team delivered record results, with double-digit sales and earnings growth driven by the execution of effective strategies and continued resilience of our Automotive and Industrial
- Genuine Parts Company to Report Third Quarter 2022 Earnings on October 20, 2022ATLANTA, Sept. 27, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release Third Quarter Earnings on October 20, 2022. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the Company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 9205347. A replay of the call will be available on the Company's website or toll-free at 877-344-7529, ID 7447739, two hours after the completion of the conference call. About Genuine Part
- Genuine Parts Company Reports Second Quarter 2022 ResultsRecord Sales of $5.6 billion, Up 17.1%Diluted EPS of $2.62, Up 92.6%Adjusted Diluted EPS of $2.20, Up 26.4%Significant Progress on Integration of Kaman Distribution GroupRaises 2022 Outlook for Revenue Growth and Diluted and Adjusted Diluted EPSATLANTA, July 27, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the second quarter ended June 30, 2022. "GPC achieved another record quarter, consisting of double-digit sales and earnings increases and a steady cadence of continued growth," said Paul Donahue, Chairman and Chief Executive Officer.
- Genuine Parts Company to Report Second Quarter 2022 Earnings on July 27, 2022ATLANTA, June 21, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release Second Quarter Earnings on July 27, 2022. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the Company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 0479094. A replay of the call will be available on the Company's website or toll-free at 877-344-7529, ID 2048254, two hours after the completion of the conference call. About Genuine Parts C
- Genuine Parts Company Reports First Quarter 2022 ResultsRecord Sales of $5.3 Billion, Up 18.6%Diluted EPS of $1.72, Up 14.7%Adjusted Diluted EPS of $1.86, Up 24.0%Raising 2022 Outlook for Revenue Growth and Diluted and Adjusted Diluted EPS Made Significant Progress on Integration of Kaman Distribution GroupStrengthened Balance Sheet and Strong Cash FlowATLANTA, April 21, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the first quarter ended March 31, 2022. "We are pleased with the continued strength in our results to start the year, and we could not be prouder of the hard work by all our 52,00
- Genuine Parts Company to Report First Quarter 2022 Earnings on April 21, 2022ATLANTA, March 22, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release First Quarter Earnings on April 21, 2022. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the Company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 2523809. A replay of the call will be available on the Company's website or toll-free at 877-344-7529, ID 2602302, two hours after the completion of the conference call. About Genuine Parts
- Genuine Parts Company Reports Results for the Fourth Quarter and Full Year 2021ATLANTA, Feb. 17, 2022 /PRNewswire/ -- Fourth Quarter 2021 Highlights Sales of $4.8 billion, Up 13.0% Diluted EPS from Continuing Operations $1.79 Adjusted Diluted EPS from Continuing Operations $1.79, Up 17.8% 17th Consecutive Quarter of Year-Over-Year Gross Margin Improvement Announced Acquisition of Kaman Distribution Group; Completed January 3, 2022Full Year 2021 Highlights Sales of $18.9 billion, Up 14.1% Segment Profit Margin of 8.8%, Up 60 basis points Diluted EPS from Continuing Operations $6.23 Adjusted Diluted EPS from Continuing Operations $6.91, Up 31.1% and a New Record Returned $800 million to Shareholders via Cash Dividends and Share Repurchases Cash Flow from Operations of $
- Genuine Parts Company to Report Fourth Quarter 2021 Earnings on February 17, 2022ATLANTA, Jan. 18, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release Fourth Quarter Earnings on February 17, 2022. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the Company's investor relations website. The call is also available by dialing 888-317-6003. The conference ID is 8600891. A replay of the call will be available on the Company's website or toll-free at 877-344-7529, ID 6848555, two hours after the completion of the conference call. About Genuine Par
- Genuine Parts Company Enters Definitive Agreement to Acquire Kaman Distribution GroupATLANTA, Dec. 16, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) ("GPC"), a leading distributor of automotive and industrial replacement parts, announced today that it has entered into a definitive agreement under which its wholly-owned subsidiary, Motion Industries, Inc. ("Motion") will acquire Kaman Distribution Group ("KDG") from private investment firm Littlejohn & Co., LLC. The acquisition is valued at a total purchase price of approximately $1.3 billion in cash. The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expire
- Genuine Parts Company Reports Third Quarter 2021 ResultsATLANTA, Oct. 21, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the third quarter and nine months ended September 30, 2021. "We are pleased to report strong financial results in the third quarter, as the combination of our growth initiatives and the global market recovery drove positive sales trends, gross margin gains and improved operational efficiencies. Consistent execution of our strategic priorities also led to margin expansion and a second consecutive quarter of record earnings. The GPC team was largely able to manage through sup
- Genuine Parts Company to Report Third Quarter 2021 Earnings on October 21, 2021ATLANTA, Sept. 21, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) plans to release Third Quarter Earnings on October 21, 2021. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings deck on the Company's investor relations website. The call is also available by dialing 877-407-0789. The conference ID is 13723410. A replay of the call will be available on the Company's website or toll-free at 844-512-2921, ID 13723410, two hours after the completion of the conference call. About Genuine Pa
- Genuine Parts Company Reports Second Quarter 2021 ResultsATLANTA, July 22, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today its results for the second quarter and six months ended June 30, 2021. "We are pleased to report a strong financial performance driven by the consistent execution of our strategic priorities and the ongoing recovery in the global markets. The second quarter was highlighted by strong sales trends, gross margin gains and improved operational efficiencies that drove margin expansion and record quarterly earnings. In addition, we effectively deployed capital for growth and productivity investm