---
schema_version: "secwatch.filing_event.v1"
accession: "0000040987-23-000055"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:54:31.516424+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts Q2 record sales $5.9B, up 5.6%; raises FY EPS guidance to $9.15-$9.30

## Summary
- Q2 GAAP diluted EPS $2.44, down 6.9% YoY from $2.62; adjusted EPS up 10.9% vs prior-year adjusted $2.20.
- Record sales $5.9B (+5.6% YoY) on 4.9% comparable growth and 1.8% from acquisitions.
- Automotive sales $3.7B (+5.4%), margin 9.0% (-30bps); Industrial sales $2.3B (+5.9%), margin 12.5% (+190bps).
- Raises FY2023 diluted EPS outlook to $9.15-$9.30 from $8.95-$9.10; reaffirms revenue growth 4%-6%.
- Six-month free cash flow $252M; returned $260M in dividends and $135M in buybacks; total liquidity $2.0B.

## SEC filing metadata
- accession: 0000040987-23-000055
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000004098723000055/0000040987-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000004098723000055/gpc-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-23-000055
- JSON: https://secwatch.observer/filing/0000040987-23-000055.json
- Plain text: https://secwatch.observer/filing/0000040987-23-000055.txt

## Key facts
- Earnings Releases
  GENUINE PARTS CO reported second quarter ended June 30, 2023 results: revenue $5.9 billion, net income $344 million, EPS $2.44. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $5.9 billion
  - Net income: $344 million
  - EPS: $2.44
  - Guidance: raised
  - Result: reported results
  source text: --- www.genpt.com News Release July 20, 2023 FOR IMMEDIATE RELEASE Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook • Record Sales of $5.9 billion, Up 5.6% • Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Increases Diluted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000004098723000055/0000040987-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.