secwatch.observer — SEC 8-K summary
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Issuer:     GENUINE PARTS CO (GPC)
CIK:        0000040987
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0000040987-22-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genuine Parts Q1 sales $5.3B record, adj. EPS $1.86 (+24%); raises FY22 guidance
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- Sales $5.3B (+18.6%), record; diluted EPS $1.72 (+14.7%); adjusted diluted EPS $1.86 (+24%).
- Automotive sales $3.3B (+10.9%), margin 8.1% (+10 bps). Industrial sales $2.0B (+33.6%), margin 9.3% (+100 bps).
- FY22 guidance raised: sales growth 10-12% (prev 9-11%), adj. EPS $7.70-$7.85 (prev $7.45-$7.60).
- Q1 operating cash flow $398.8M (up 32.5%); free cash flow $320.8M. Kaman integration ahead of plan.
- Ended Q1 with $2.0B total liquidity ($1.4B revolver availability + $0.6B cash).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000019/0000040987-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000019/gpc-20220421.htm
  HTML page:      https://secwatch.observer/filing/0000040987-22-000019

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