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.
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.
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.
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 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 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 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 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 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 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 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 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%.
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%).
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 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