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Genuine Parts (GPC) plans to separate into two independent companies (NAPA automotive and Motion industrial) by Q1 2027. Genuine Parts reported a $609M net loss driven by $825M in one-time charges ...
Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.
Genuine Parts (GPC) fell in early trading on Tuesday after missing Q4 estimates and setting full-year guidance below expectations. Sales were up 4.1% during the quarter to $6.0B. The improvement was ...
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Genuine Parts (GPC) pays out 100% of annual net income as dividends after earnings collapsed 31.3% to $904M. Genuine Parts free cash flow cushion shrank 67% to just $129M. Operating cash flow coverage ...
Zhongyao Ma, PhD, holds a bachelor’s degree in biology from Shanghai Jiao Tong University and a PhD in genetics and developmental biology from the University of Georgia, U.S. His research focused on ...
Sept 19 (Reuters) - Industrial company Genuine Parts (GPC.N), opens new tab is considering a breaking up of its industrial and auto parts units, Bloomberg News reported on Friday, citing people ...