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Genuine Parts Company (GPC) is an American company engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. GPC serves numerous customers from more than 2,600 operations around the world, and has approximately 48,000 employees. [ 1 ]
In September 2017, Genuine Parts Company acquired Alliance Automotive Group (AAG), a leading European distributor of vehicle parts, tools and workshop equipment. AAG is the second largest parts distribution platform in Europe and focuses on light vehicle and commercial vehicle replacement parts.
Shares of Genuine Parts (NYSE: GPC) ... While the company beat top-line estimates, it fell woefully short on the bottom line. As of 1 p.m. ET, the stock was down 19% on the news.
Those results suggest that Genuine Parts will struggle to achieve any growth in 2024. In fact, management lowered their fiscal year target to call for gains of between 1% and 2%, compared to the ...
Genuine Parts Co (NYSE:GPC) stock plunged after the company reported mixed third-quarter earnings and a grim outlook. Adjusted EPS of $1.88 missed the analyst consensus of $2.42. The automotive ...
Motion, known formally as Motion Industries, Inc., is an American distributor of industrial parts and industrial technology headquartered in Birmingham, Alabama. Since 1972, it has been a wholly owned subsidiary of Genuine Parts Company.