“ NexaMotion Group is committed to bringing advanced, forward-thinking solutions to automotive parts ordering and repairs.
"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 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.
Genuine Parts Company (NYSE:GPC) Q3 2024 Earnings Call Transcript ... including better search and catalog capabilities and ...
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 ...
Revenue: US$5.97b (up 2.5% from 3Q 2023). Net income: US$226.6m (down 36% from 3Q 2023). Profit margin: 3.8% (down from 6.0% in 3Q 2023). The decrease in margin was driven by higher expenses. EPS ...
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 ...
Shares of Genuine Parts Company (NYSE:GPC) fell by a record 18% at Tuesday’s open as the company’s disappointing Q3 results coupled with significantly lowered guidance for FY24 chased shares ...
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 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 ...