Auto and industrial parts retailer Genuine Parts (NYSE:GPC) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 2.5% year on year to $5.97 billion. Its non-GAAP profit of $1.88 ...
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 ...
Genuine Parts reported weaker Q3 results ... In Q3, the company's gross margin improved by 61 basis points. GPC GM achieved 36.8%. On a negative note, SG&A expenses increased due to M&A development.
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.
In this article, I'll review the impact and the effects of the drop of the Genuine Parts Company (NYSE:GPC). The drop that we're talking about in this case is a significant one in terms of what it ...
(RTTNews) - Shares of Genuine Parts Co. (GPC) were losing around 10 percent in pre-market activity on the NYSE after the company lowered its fiscal 2024 outlook after reporting weak third-quarter ...
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.
"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 ...
Genuine Parts shares were under pressure ahead of the opening bell after the provider of automotive and industrial replacement parts scaled back its full-year guidance. In premarket trading ...
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Drivers may notice harsh shifting before any wheel problems. GM says in documents that dealers will install new transmission control software that will monitor the valve and detect excess wear ...