other_material
confidence high
sentiment positive
materiality 0.90
GPC reports Q4 net loss $609M; to split Auto & Industrial into two public companies by Q1 2027
GENUINE PARTS CO
- Q4 net loss $609M ($4.39/sh) vs net income $133M last year; adjusted EPS $1.55 vs $1.61.
- Sales $6.0B up 4.1% YoY; full-year adj EPS $7.37 vs $8.16.
- Board raises quarterly dividend 3.2% to $1.0625 (annual $4.25); 70th consecutive year of increases.
- Plans to separate into Global Automotive ($15B sales, $1.2B EBITDA) and Global Industrial ($9B sales, $1.1B EBITDA) by Q1 2027, tax-free.
- 2026 guidance: adj EPS $7.50-$8.00, sales growth 3%-5.5%, free cash flow $550M-$700M.
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