Genuine Parts Posts $6.52B Q3 Sales, Trims 2026 EPS Outlook
GPC sits 34% above its 52-week low of $90.78.
Summary
Genuine Parts reported Q3 sales of $6.52B, up about 4.2% year over year, with adjusted EPS of $2.07 and net income of $224.4M. Comparable sales rose 2.9%. The company narrowed its 2026 adjusted EPS outlook to $7.50-$7.75, down from a prior $7.50-$8.00 range, and lowered its 2026 GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40, while still seeing 2026 sales up 3%-5.5%. This lands alongside the 8-K filed this morning and follows the September announcement naming Court Carruthers CEO-Elect of the spun-off entity, and the company says it is on track to launch GPC and Motion as two independent companies in 1Q 2027, so the split remains the bigger structural story.
Updated with a Reuters report · What changed
Updates
· Reuters — Genuine Parts lowered its 2026 GAAP EPS outlook to $5.60-$5.85 from $5.90-$6.40.
At the time of this announcement, GPC was trading at $122.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $17.9B. The 52-week trading range was $90.78 to $151.57. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.