"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 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 ...

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 ...

(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 ...

"Our results were below our expectations, primarily driven by continued weakness in market conditions in Europe and our industrial business," said Genuine Parts Chief Executive Will Stengel Shares ...

We wrap up our coverage of the markets and the week. We sell different types of products and services to both investment professionals and individual investors. These products and services are ...

Genuine Parts Co (NYSE ... partially offset by a 0.8% decrease in comparable sales. Automotive Parts Group sales grew 4.8% Y/Y. This segment's profit margin contracted 200 basis points to 6.9 ...