Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. It operates through the following segments: Automotive Parts Group, Industrial Parts Group ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
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Shares of auto and industrial parts retailer Genuine Parts (NYSE:GPC) fell 20% in the afternoon session after the company reported disappointing third-quarter earnings results, with same-store ...
"Our results were below our expectations," CEO Will Stengel said. Genuine Parts is facing two main demand challenges. The biggest is that industrial production activity is lagging in the core U.S ...
Profits fell at Genuine Parts due to challenges in the industrial sector and Europe. The company cut its guidance for the year. The Napa parent continues to underperform O'Reilly and AutoZone.
Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation ...
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Genuine Parts had a surprisingly weak Q3, and management telegraphed more struggles ahead. Sales will likely remain pressured until there's a rebound in industrial production in the U.S. market.
Shares of Genuine Parts (NYSE: GPC) were falling today after the Napa Auto Parts parent posted disappointing results in its third-quarter earnings report. While the company beat top-line estimates ...