Highest-materiality recent filing
Genuine Parts enters $1B term loan facilities; declares $1.0625 quarterly dividend
Seventh Amendment adds $500M Initial Term Loan A and $500M Delayed Draw Term Loan A, maturing Oct 28, 2027.
Genuine Parts Q1 results ahead of expectations; adj EPS $1.77, sales +6.8% YoY
Sales of $6.3B, up 6.8% YoY driven by 2.4% comp sales growth and acquisitions.
Genuine Parts CIO Naveen Krishna resigns; responsibilities reallocated
EVP & Chief Information and Digital Officer Naveen Krishna resigns effective April 1, 2026.
GPC reports Q4 net loss $609M; to split Auto & Industrial into two public companies by Q1 2027
Q4 net loss $609M ($4.39/sh) vs net income $133M last year; adjusted EPS $1.55 vs $1.61.
Genuine Parts Chairman Paul Donahue to retire; CEO Will Stengel named Chair-Elect
Paul Donahue will retire from the board at the 2026 annual meeting after over two decades of service.
Genuine Parts Company Declares Regular Quarterly Dividend of $1.03 per Share
Board declared a regular quarterly cash dividend of $1.03 per share on common stock.
GPC Q3 sales $6.3B (+4.9% YoY); adj. EPS $1.98 (+5.3%); narrows FY adj. EPS guidance to $7.50-$7.75
GAAP diluted EPS $1.62 flat YoY; adjusted diluted EPS $1.98 vs. $1.88 in Q3 2024.
Genuine Parts reaches cooperation with Elliott, adds two directors, awards retention RSUs
Appointed Matt Carey (former Home Depot CIO) and Court Carruthers (ex-TricorBraun CEO) to board; directors Holder and Loudermilk retired.
Genuine Parts declares $1.03 quarterly dividend, payable Oct 2, 2025
Board declared a regular quarterly cash dividend of $1.03 per share.
GPC Q2 adjusted EPS $2.10, revenue $6.2B; cuts FY2025 sales and EPS guidance
GAAP EPS $1.83 vs $2.11 YoY; adjusted EPS $2.10 vs $2.44 YoY, both down YoY.
GPC announces retirement of Group President Randy Breaux, promotion of Alain Masse
Randy Breaux retires as Group President, GPC North America effective August 1, 2025; remains advisor through Dec 31, 2025.
Genuine Parts elects Laurie Schupmann as new director; declares $1.03 quarterly dividend
Laurie Schupmann elected to board; four directors retire due to mandatory age: Camp, Fayard, Johns, Needham.
GPC Q1 adjusted EPS falls to $1.75 from $2.22; sales rise 1.4% to $5.9B
GAAP EPS $1.40 vs $1.78 prior year; adjusted EPS $1.75 vs $2.22; net income $194M.
Genuine Parts expands credit facility to $2.0B, extends maturity to 2030
Borrowing capacity increased from $1.5B to $2.0B; maturity extended to March 20, 2030.
GPC reports Q4 adj. EPS $1.61, down from prior-year GAAP; dividend up 3%; 2025 guidance issued
Q4 2024 revenue $5.8B (+3.3% YoY); GAAP diluted EPS $0.96 vs $2.26; adjusted diluted EPS $1.61.
Genuine Parts Company declares $1.00 quarterly dividend, payable Jan 2, 2025
Regular quarterly dividend of $1.00 per share declared, unchanged from prior quarter.
Genuine Parts Q3 EPS misses; cuts FY2024 adjusted EPS outlook to $8.00-$8.20 from $9.30-$9.50
Q3 sales $6.0B (+2.5% YoY); GAAP diluted EPS $1.62, adjusted diluted EPS $1.88 (vs $2.49 prior year).
Genuine Parts declares regular quarterly dividend of $1.00 per share
Regular quarterly cash dividend of $1.00 per share declared.
Genuine Parts issues $750M 4.950% Senior Notes due 2029
$750M of 4.950% Senior Notes due 2029 issued Aug 9, 2024; interest payable Feb 15 & Aug 15.
Genuine Parts Q2 EPS $2.11, revenue up 0.8%; cuts full-year guidance
Diluted EPS $2.11, down 13.5% YoY; adjusted EPS $2.44, flat YoY.
Genuine Parts acquires largest independent NAPA owner with 181 stores in Midwest
Acquired Motor Parts & Equipment Corp. (MPEC), founded 1938, based in Rockford, IL.
Genuine Parts elects new director, declares $1.00 quarterly dividend
Shareholders elected Chuck K. Stevens (former GM CFO) as director; E. Jenner Wood retired after ~10 years on board.
Genuine Parts names Will Stengel as CEO; Paul Donahue becomes Executive Chairman June 3
Paul Donahue retires as CEO, becomes Executive Chairman effective June 3, 2024.
Genuine Parts Q1 adjusted EPS up 3.7% to $2.22; raises full-year adjusted EPS guidance
Revenue flat at $5.8B, up 0.3% YoY; Automotive sales +1.9%, Industrial sales -2.2%.
Genuine Parts EVP & CHRO James Neill to retire April 30 under voluntary restructuring program
EVP & CHRO James R. Neill to retire effective April 30, 2024 under voluntary restructuring program.
Q4 sales $5.6B (+1.1%); full-year sales $23.1B (+4.5%); full-year adj. diluted EPS $9.33 (+11.9%).
Genuine Parts establishes $1.5B commercial paper program for general corporate purposes
Program allows issuance of up to $1.5B in short-term, unsecured commercial paper notes.
Genuine Parts declares $0.95 quarterly dividend, payable Jan 2, 2024
Regular quarterly cash dividend of $0.95 per share declared.
Genuine Parts issues $800M in senior notes: $425M at 6.500% due 2028, $375M at 6.875% due 2033
Issued $425M 6.500% Senior Notes due 2028 and $375M 6.875% Senior Notes due 2033 for total $800M.
Genuine Parts Q3 diluted EPS $2.49, up 13.2% YoY; updates FY EPS guidance to $9.20-$9.30
Sales of $5.8B (+2.6% YoY); Automotive segment $3.6B (+3.9%), Industrial $2.2B (+0.6%).
Genuine Parts declares $0.95 quarterly dividend, payable Oct 2, 2023
Board declared regular quarterly cash dividend of $0.95 per share on common stock.
Genuine Parts Q2 record sales $5.9B, up 5.6%; raises FY EPS guidance to $9.15-$9.30
Q2 GAAP diluted EPS $2.44, down 6.9% YoY from $2.62; adjusted EPS up 10.9% vs prior-year adjusted $2.20.
Genuine Parts appoints Darren Rebelez to Board of Directors
Darren Rebelez appointed as independent director effective June 1, 2023, increasing board to 14 members.
Genuine Parts promotes Randy Breaux to Group President, North America; Kevin Herron retiring
Kevin Herron, President of U.S. Automotive Group, retiring after 34 years; will serve as advisor through Dec 31, 2023.
GPC shareholders re-elect all 13 directors, approve say-on-pay, ratify auditor
All 13 director nominees elected; Elizabeth Camp received 107.8M votes for, 0.7M withheld, 13.7M broker non-votes.
Genuine Parts declares $0.95 quarterly dividend, payable July 3, 2023
Board declared regular quarterly cash dividend of $0.95 per share on common stock.
Genuine Parts Q1 sales $5.8B, EPS $2.14 (+24.4%); raises FY EPS guidance to $8.95-$9.10
Record Q1 sales of $5.8B (+8.9%), diluted EPS $2.14 (+24.4% GAAP, +15.1% adjusted).
Genuine Parts targets 2025 EPS $11.00-$11.50, double-digit CAGR; reaffirms 2023 outlook
Reaffirms FY2023 outlook: sales growth 4-6%, diluted EPS $8.80-$8.95, FCF $800M-$1B.
Q4 sales $5.5B (+15%), adj. diluted EPS $2.05 (+14.5%); FY22 record sales $22.1B (+17.1%), adj. diluted EPS $8.34 (+20.7%).
Genuine Parts raises quarterly dividend 6% to $0.95; 67th consecutive annual increase
Quarterly dividend raised 6% to $0.95 per share (annual rate $3.80, up from $3.58).
Genuine Parts appoints Stengel President & COO, Galla SVP & General Counsel effective Jan 1, 2023
William P. Stengel named President and COO, expanded role effective Jan 1, 2023; he had been President since Jan 2021.
Genuine Parts declares $0.895 quarterly dividend, payable Jan 3, 2023
Regular quarterly cash dividend of $0.895 per common share declared.
Genuine Parts Q3 record sales $5.7B, adj. EPS $2.23; raises 2022 guidance
Sales $5.7B, up 17.8% YoY; comparable sales up 12.7%, acquisitions add 9.1%.
Genuine Parts declares $0.895 regular quarterly dividend
$0.895 per share quarterly dividend declared by Board of Directors.
GPC Q2 2022: Record sales $5.6B (+17.1% YoY), adj. EPS $2.20 (+26.4%), raises full-year outlook
Sales $5.6B (+17.1% YoY); diluted EPS $2.62 (+92.6%); adjusted EPS $2.20 (+26.4%).
All 13 director nominees elected with majority support; broker non-votes 12.3M shares.
Genuine Parts declares $0.895 quarterly cash dividend
Regular quarterly cash dividend of $0.895 per share declared by Board.
Genuine Parts Q1 sales $5.3B record, adj. EPS $1.86 (+24%); raises FY22 guidance
Sales $5.3B (+18.6%), record; diluted EPS $1.72 (+14.7%); adjusted diluted EPS $1.86 (+24%).
Genuine Parts CAO Napoleon Rutledge resigns effective Feb 21, 2022
Napoleon B. Rutledge Jr. resigned as SVP Finance and CAO effective Feb 21, 2022.
Genuine Parts Q4 sales up 13% to $4.8B; adjusted EPS $1.79 +17.8%
Q4 sales $4.8B (+13% YoY); adjusted diluted EPS $1.79 (+17.8%); gross margin improved for 17th consecutive quarter.
Randy Breaux will be retiring as Group President, GPC North America, effective as of August 1, 2025
the Board of Directors of the Company has appointed Alain Masse to the newly created position of President, North American Automotive, effective as of the Effective Date.
Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.
Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.
Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.
On April 29, 2025, Genuine Parts Company (the "Company") issued a press release announcing that its shareholders elected Ms. Laurie Schupmann as a new director of the Company.
Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.
Mr. E. Jenner Wood has retired as a director.
its shareholders elected Mr. Charles “Chuck” K. Stevens as a new director of the Company.
the Board has appointed William P. Stengel, II, as Chief Executive Officer of the Company, effective as of the Effective Date, such that following the Effective Date Mr. Stengel will hold the dual title of President and Chief Executive Officer of the Company.
The Board also approved an increase in the size of the Board from 14 to 15 directors and appointed Mr. Stengel to fill the newly created vacancy, effective as of the Effective Date.
On March 25, 2024, Genuine Parts Company (the “Company”) announced that James R. Neill, the Company’s Executive Vice President and Chief Human Resources Officer, has elected to participate in the Company’s voluntary retirement program implemented in connection with the Company’s previously announced global restructuring.
Max materiality 0.90 · Median 0.60 · Most common event earnings