secwatch.observer — SEC 8-K summary
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Issuer:     GENUINE PARTS CO (GPC)
CIK:        0000040987
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0000040987-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genuine Parts Q3 record sales $5.7B, adj. EPS $2.23; raises 2022 guidance
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- Sales $5.7B, up 17.8% YoY; comparable sales up 12.7%, acquisitions add 9.1%.
- Adj. diluted EPS $2.23, up 18.6% from $1.88; reported diluted EPS $2.20, up 38.4%.
- Automotive sales $3.5B (+8.9%), segment profit $309M (+10.0%).
- Industrial sales $2.2B (+35.3%), KDG acquisition contributed 16.6%; segment profit $243M (+46.3%).
- FY2022 outlook raised: total sales growth 15-16%, adj. EPS $8.05-8.15 (vs prior $7.80-7.95).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000038/0000040987-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000038/gpc-20221020.htm
  HTML page:      https://secwatch.observer/filing/0000040987-22-000038

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