UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-5690 __________________________________________ GENUINE PARTS COMPANY (Exact name of registrant as specified in its charter) (State or o ...

Shares of the auto parts chain fell on a disappointing earnings report.Shares of Genuine Parts (GPC -19.43%) 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, it fell woefully short on the bottom line. As of 1 p.m. ET, the stock was down 19% on the news. Genuine Parts hits the brakesIn the quarter reported Tuesday, overall revenue rose 2.5% to $5.97 billion, though it would have declined slightly w ...

Genuine Parts Company (GPC) reported third-quarter 2024 adjusted earnings of $1.88 per share, which missed the Zacks Consensus Estimate of $2.44. The bottom line declined from year-ago earnings of $2.49 per share. Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.The company reported net sales of $5.97 billion, which marginally missed the Zacks Consensus Estimate of $5.98 billion but inched up 2.5% year over year. This increase was due to a 3.2% boost from acquisitions and a 0.1% impa ...

财务数据和关键指标变化 - 第三季度总销售额约为60亿美元，同比增长2.5%，主要受益于美国的额外销售日和收购 [12][30] - 调整后的每股收益为1.88美元，同比下降0.61美元，去年同期为2.49美元 [13][35] - 毛利率为36.8%，同比提高60个基点，主要受收购影响 [32] 各条业务线数据和关键指标变化 - 全球工业部门销售额为22亿美元，同比下降约1%，可比销售额下降2% [16] - 全球汽车部门销售额为38亿美元，同比增长约5%，可比店销售额略有上升 [19] - 工业部门利润为2.59亿美元，同比下降约8% [18] 各个市场数据和关键指标变化 - 欧洲市场汽车销售增长约6%，但整体市场增长疲软 [20] - 亚太地区汽车销售增长约7%，可比销售增长4% [22] - 加拿大市场销售增长1%，可比销售下降1% [23] 公司战略和发展方向和行业竞争 - 公司专注于技术、供应链和销售效率的投资，以应对市场变化 [6][10] - 计划通过收购和整合提升市场份额，已收购超过450家NAPA门店 [28] - 预计未来将继续投资于自动化和数字化，以提升客户体验和运营效率 [10][47] 管理层对经营环境和未来前景的评论 - 管理层认为当前市场环境的疲软是暂时的，长期基本面依然强劲 [28][50] - 预计2024年整体销售增长将调整为1%至2% [41] - 对于未来的市场恢复，管理层持乐观态度，认为利率下降将带来积极影响 [50] 其他重要信息 - 公司在全球范围内进行重组，以应对市场压力和成本上涨 [34] - 预计2024年将继续进行资本支出，投资约5亿美元 [46] 问答环节所有提问和回答 问题: 关于库存增加的细节 - 公司表示，库存增加主要是为了提高市场竞争力，并且收购的库存也会反映在资产负债表上 [51][52] 问题: U.S.汽车业务的利润下降原因 - 公司指出，U.S.汽车业务的利润下降是由于所有市场都面临相似的压力，包括利率和成本上涨 [55][56] 问题: SG&A费用增加的原因 - SG&A费用的增加主要来自收购的业务，预计随着整合的推进，这一费用将逐渐减少 [61][62] 问题: 对2025年的展望 - 公司表示，市场条件仍然疲软，但长期基本面依然强劲，未来将继续关注市场动态 [57][58] 问题: 竞争环境的变化 - 公司认为竞争环境保持理性，NAPA在市场中的地位依然强劲 [85]

Genuine Parts (GPC) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.95%. A quarter ago, it was expected that this auto and industrial parts distributor would post earnings of $2.59 per share when it actually produced earnings of $2.44, delivering a surprise of -5.79%.Over the last ...

业绩总结 - 截至2024年9月30日，市场资本化约为194亿美元[13] - 第三季度销售额为60亿美元，同比增长2.5%[30] - 调整后的EBITDA为4.77亿美元，同比下降16%[30] - 段利润为5.21亿美元，同比下降14%[30] - 自由现金流约为9.01亿美元[21] - 2024年第三季度净收入为$226,582千，较2023年第三季度的$248,894千下降8.9%[64] - 调整后的净收入为$263,013千，较2023年第三季度的$303,957千下降13.4%[64] - 2024年GAAP每股收益为$7.79，相较于2023年的$1.78增长了338.2%[65] - 调整后的每股收益为$8.83，较2023年的$2.22增长了297.7%[65] 用户数据 - 2024年第三季度调整后每股收益为$1.88，较2023年第三季度的$1.62增长16.1%[57] - 2024年第三季度净销售额为$5,970百万，较2023年第三季度的$5,825百万增长2.5%[57] - 2024年第三季度汽车部门净销售额为$3,799,789千，工业部门净销售额为$2,170,409千[62] 未来展望 - 2024年总销售增长预期为1%至2%[50] - 预计2024年运营活动提供的现金流为$13亿至$15亿[73] - 2024年现金流量预期为8亿至10亿美元[50] - 2024年资本支出预计约为5亿美元[50] 成本与费用 - 2024年GAAP运营和非运营费用为$1,900,848千，较2023年的$1,644,181千增长了15.6%[69] - 调整后的运营和非运营费用为$1,855,552千，较2023年增长了12.9%[69] - 2024年第三季度的利息支出为$27,818千，较2023年第三季度的$21,921千增加26.5%[62] 其他信息 - 2024年第三季度总分部利润为$520,948千，较2023年第三季度的$590,816千下降11.8%[62] - 2024年第三季度总分部利润率为8.7%，较2023年第三季度的9.1%下降4.4%[63] - 2024年第三季度汽车部门利润率为6.9%，工业部门利润率为11.9%[62] - 2024年截至9月30日的自由现金流为$710,635千，较2023年的$900,982千下降了n/a%[72]

财务状况 - 公司总资产为 XXX 亿元 [1] - 公司总负债为 XXX 亿元 [1] - 公司净资产为 XXX 亿元 [1] - 公司资产负债率为 XX% [1] 营业收入 - 公司本期营业收入为 XXX 亿元 [2] - 公司营业收入同比增长 XX% [2] - 公司主营业务收入占营业收入的 XX% [2] 盈利能力 - 公司本期净利润为 XXX 亿元 [3] - 公司净利润同比增长 XX% [3] - 公司毛利率为 XX% [3] - 公司净利率为 XX% [3] 现金流 - 公司经营活动产生的现金流量净额为 XXX 亿元 [4] - 公司投资活动产生的现金流量净额为 XXX 亿元 [4] - 公司筹资活动产生的现金流量净额为 XXX 亿元 [4] - 公司现金及现金等价物净增加额为 XXX 亿元 [4]

Sales of $6.0 billionDiluted EPS of $1.62Adjusted Diluted EPS of $1.88Revises 2024 Outlook:Revenue Growth of 1% to 2% from 1% to 3%Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2024."I would like to thank our global GPC teammates for their hard wor ...

Wall Street analysts expect Genuine Parts (GPC) to post quarterly earnings of $2.45 per share in its upcoming report, which indicates a year-over-year decline of 1.6%. Revenues are expected to be $5.98 billion, up 2.7% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Ahead of a company's earnings ...

ATLANTA, Oct. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today that Will Stengel, President & CEO, and Bert Nappier, EVP & CFO, will present at the Gabelli Funds 48th Annual Automotive Symposium at 2:00 p.m. ET on Tuesday, November 5, 2024. The presentation will be webcast live on the company's investor relations website. A replay of the webcast will be available after the e ...