---
schema_version: "secwatch.filing_event.v1"
accession: "0000040987-24-000205"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:53:34.066471+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts Q3 EPS misses; cuts FY2024 adjusted EPS outlook to $8.00-$8.20 from $9.30-$9.50

## Summary
- Q3 sales $6.0B (+2.5% YoY); GAAP diluted EPS $1.62, adjusted diluted EPS $1.88 (vs $2.49 prior year).
- Automotive segment profit down 18.6% to $262M; Industrial segment profit down 8.5% to $259M.
- Full-year adjusted diluted EPS guidance cut to $8.00-$8.20 from $9.30-$9.50; total sales growth lowered to 1%-2%.
- Management cites continued weakness in Europe and Industrial market conditions.
- Nine-month free cash flow $711M; dividends and buybacks total $523M.

## SEC filing metadata
- accession: 0000040987-24-000205
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000004098724000205/0000040987-24-000205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000004098724000205/gpc-20241022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-24-000205
- JSON: https://secwatch.observer/filing/0000040987-24-000205.json
- Plain text: https://secwatch.observer/filing/0000040987-24-000205.txt

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