{"schema_version":"secwatch.filing_event.v1","accession":"0000040987-23-000013","form_type":"8-K","ticker":"GPC","cik":"0000040987","company_name":"GENUINE PARTS CO","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.846818+00:00","generated_at":"2026-06-16T22:55:32.443836+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Genuine Parts Q1 sales $5.8B, EPS $2.14 (+24.4%); raises FY EPS guidance to $8.95-$9.10","bullets":["Record Q1 sales of $5.8B (+8.9%), diluted EPS $2.14 (+24.4% GAAP, +15.1% adjusted).","Industrial sales $2.3B (+11.9%), segment profit $262M (+39.1%), margin 11.6% (+230bps).","Automotive sales $3.5B (+7.0%) but segment profit flat at $264M, margin down 60bps to 7.5%.","Full-year 2023 diluted EPS guidance raised to $8.95-$9.10 from $8.80-$8.95; operating cash flow guidance raised.","Q1 operating cash flow $198M; free cash flow $109M; dividends $126M, stock repurchases $68M."],"urls":{"canonical":"https://secwatch.observer/filing/0000040987-23-000013","json":"https://secwatch.observer/filing/0000040987-23-000013.json","markdown":"https://secwatch.observer/filing/0000040987-23-000013.md","text":"https://secwatch.observer/filing/0000040987-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000013/0000040987-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000013/gpc-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:55:32.443836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fa644259af4f80d838fc5232fed378c36e0c919e","claim":"GENUINE PARTS CO reported the first quarter ended March 31, 2023 results: revenue $5.8 billion, net income $304 million, EPS $2.14. Guidance raised.","evidence_excerpt":"Genuine Parts Company Reports First Quarter 2023 Results And Raises Full Year Outlook • Record 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 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Increases Diluted EPS to $8.95 to $9.10, Up from $8.80 to $8.95 ◦ Increases Cash From Operations to $1.3 Billion to $1.4 Billion, Up from $1.2 Billion to $1.4 Billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000013/0000040987-23-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$5.8 billion"},{"label":"Net income","value":"$304 million"},{"label":"EPS","value":"$2.14"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}