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Country
US
Industry
Consumer Discretionary
Market Cap
Large Cap
Num. Employees
60000
IPO Date
Aug 20, 1986
Country
US
Industry
Consumer Discretionary
Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. The company is headquartered in Atlanta, Georgia and currently employs 60,000 full-time employees. The firm operates through two segments: Automotive Parts Group (Automotive) and Industrial Parts Group (Industrial). Automotive segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks, and other vehicles. Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The firm distributes automotive parts, accessories and solutions in North America, Europe and Australasia. Its automotive businesses offer complete inventory, cataloging, marketing, training and other programs for the aftermarket in each of these regions. Its automotive network includes installers, fleet, government, and major accounts.
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SeekingAlpha
18.75%
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Others
56.25%
Automotive results include one additional selling day in the U.S., which the company estimates positively impacted Global Automotive sales growth and comp sales growth by approximately 90bps and U.S.
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Today
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Bearish