secwatch.observer — SEC 8-K summary
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Issuer:     GENUINE PARTS CO (GPC)
CIK:        0000040987
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000040987-25-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

GPC reports Q4 adj. EPS $1.61, down from prior-year GAAP; dividend up 3%; 2025 guidance issued
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- Q4 2024 revenue $5.8B (+3.3% YoY); GAAP diluted EPS $0.96 vs $2.26; adjusted diluted EPS $1.61.
- Full-year 2024 revenue $23.5B (+1.7%); adjusted diluted EPS $8.16, down 12.5% from $9.33 in 2023.
- Dividend increased 3% to $1.03/quarter ($4.12 annualized), payable April 2, 2025 to shareholders of record March 7, 2025; 69th consecutive year of increases.
- 2025 outlook: total sales growth 2%-4%; adjusted diluted EPS $7.75-$8.25; operating cash flow $1.2B-$1.4B; free cash flow $800M-$1.0B.
- Global restructuring to continue with $150M-$180M costs in 2025, targeting $100M-$125M savings; cumulative savings of ~$200M by 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40987/000004098725000022/0000040987-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40987/000004098725000022/gpc-20250218.htm
  HTML page:      https://secwatch.observer/filing/0000040987-25-000022

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