Business
Genuine Parts Company Reports First Quarter 2026 Results and Reaffirms Full-Year Outlook
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 first quarter ended March 31, 2026.
About this update from Genuine Parts Company
[{"type":"text","content":"ATLANTA, April 21, 2026 /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 first quarter ended March 31, 2026.","length":259,"tagName":"p"},{"type":"image","alt":"GPC Logo. (PRNewsFoto/Genuine Parts Company)","displaySize":"","headline":null,"caption":"GPC Logo. (PRNewsFoto/Genuine Parts Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":328,"url":"https://media.zenfs.com/en/prnewswire.com/8d360e8647ba8d965911e7604051d84e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/BZhG8NBZy63tRrhB65xoLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU3OA--/https://media.zenfs.com/en/prnewswire.com/8d360e8647ba8d965911e7604051d84e","width":400,"height":328}},"href":"https://mma.prnewswire.com/media/76327/genuine_parts_company_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""The GPC team delivered first quarter results ahead of expectations, driven by solid sales growth and operating discipline across our business segments," said Will Stengel, Chair-Elect and Chief Executive Officer. "Our performance reflects the strength and resilience of our businesses despite a dynamic global environment. We are simultaneously making strong progress on our announced separation which remains on track for completion in the first quarter of 2027."","length":485,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Results","length":26,"tagName":"p"},{"type":"text","content":"Sales were $6.3 billion, a 6.8% increase compared to $5.9 billion in the same period of the prior year. The improvement is attributable to a 2.4% increase in comparable sales, a 1.3% benefit from acquisitions and a net 3.1% favorable impact of foreign currency and other.","length":271,"tagName":"p"},{"type":"text","content":"Net income was $189 million, or $1.37 per diluted earnings per share. This compares to net income of $194 million, or $1.40 per diluted share in the prior year period.","length":167,"tagName":"p"},{"type":"text","content":"Adjusted net income was $245 million, or $1.77 per diluted earnings per share. Adjusted net income excludes a net expense of $56 million after tax adjustments, or $0.40 per diluted share, which relates to cos...