secwatch.observer — SEC 8-K summary
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Issuer:     GENUINE PARTS CO (GPC)
CIK:        0000040987
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000040987-22-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genuine Parts Q4 sales up 13% to $4.8B; adjusted EPS $1.79 +17.8%
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- Q4 sales $4.8B (+13% YoY); adjusted diluted EPS $1.79 (+17.8%); gross margin improved for 17th consecutive quarter.
- Full year 2021 sales $18.9B (+14.1%); adjusted diluted EPS $6.91 (+31.1%), a new record.
- Full year operating cash flow $1.3B; free cash flow $1.0B; returned $800M to shareholders via dividends and buybacks.
- Announced acquisition of Kaman Distribution Group, completed January 3, 2022.
- 2022 outlook: revenue growth 9-11%; diluted EPS $7.45-$7.60.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000010/0000040987-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000010/gpc-20220217.htm
  HTML page:      https://secwatch.observer/filing/0000040987-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer