Genuine Parts Reports Q2 Sales Growth of 6%, Lowers Full-Year EPS Guidance
Genuine Parts Company (GPC) reported second-quarter sales growth of 6% year-on-year to $6.53 billion, driven by higher comparable sales and favorable currency movements. However, the company lowered its full-year earnings per share guidance due to a decline in net income and one-time restructuring charges.
Tickers: $GPC
Topics: automotive restructuring sales_growth