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"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.
In this article, I'll review the impact and the effects of the drop of the Genuine Parts Company (NYSE:GPC). The drop that we're talking about in this case is a significant one in terms of what it ...
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 ...
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 ...