Form 8-K · Current report
Genuine Parts Company 8-K, filed Jul 21, 2026
- Filed
- CIK
- 0000040987
- Accession no.
- 0000040987-26-000031
Summary
Genuine Parts Company reported second-quarter 2026 sales of $6.5 billion, up 6.0% year over year, with adjusted diluted earnings per share of $2.15 versus $2.10 a year earlier and GAAP diluted EPS of $1.65 versus $1.83. The company reaffirmed its 2026 adjusted EPS outlook of $7.50 to $8.00, lowered its GAAP EPS outlook to $5.90 to $6.40 and adjusted segment sales-growth guidance, and said it remains on track to complete the separation of its Global Automotive and Global Industrial businesses in the first quarter of 2027, according to Chairman and CEO Will Stengel.
Key points
- Genuine Parts Company reported second-quarter 2026 sales of $6.5 billion, a 6.0% increase from $6.2 billion in the prior-year period, on 3.4% comparable sales growth plus favorable foreign currency and acquisitions.
- Net income was $228 million, or $1.65 per diluted share, down from $255 million, or $1.83 per diluted share, a year earlier; adjusted net income was $296 million, or $2.15 per diluted share.
- Adjusted net income excluded $69 million of after-tax costs tied to a global restructuring initiative and the planned separation of the Global Automotive and Global Industrial businesses.
- The 2026 outlook reaffirmed adjusted diluted EPS of $7.50 to $8.00 while lowering GAAP diluted EPS to $5.90 to $6.40 from $6.10 to $6.60, with higher International Automotive sales growth guidance (5% to 8%) and lower North America Automotive guidance (2.5% to 4.5%).
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On July 21, 2026, Genuine Parts Company issued a press release announcing its results of operations for the second quarter ended June 30, 2026. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference. The information contained in this Current Report on Form 8-K of Genuine Parts Company, including the exhibit attached hereto, is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. …
An excerpt of the text as filed with the SEC, cut for length.
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