JPMorgan lowered the firm’s price target on Genuine Parts (GPC) to $135 from $162 and keeps an Overweight rating on the shares. The firm says the company’s Q3 results, which fell well-below ...

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.

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 ...

We’re coming up on two years since GM announced its decision to ditch CarPlay on all of its EVs. By all measures, the transition got off to an incredibly rocky start with its 2024 model year cars.

Reuss said GM had eliminated 2,700 unique parts, including seat assemblies and wiring harnesses, from its inventory. On average, the company is seeing a 10% reduction in total part numbers per ...

The auto and industrial parts distributor posted revenue of $5.97 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $5.98 billion. Genuine Parts ...

GM is retiring another gas-powered car at its Kansas plant to clear room for the next-gen Chevy Bolt EV. The facility will soon house a new “family of Bolt models” as GM brings back the ...

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 ...

GM is honoring those who served our country with a new incentive to go electric. For Veterans Day and through November, GM is offering $1,000 off select Chevy, Cadillac, and GMC EV models.

Genuine Parts GPC is gearing up to announce its quarterly earnings on Tuesday, 2024-10-22. Here's a quick overview of what investors should know before the release. Analysts are estimating that ...

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 ...