Form 8-K · Current report

Genuine Parts Company 8-K, filed Oct 20, 2026

Filed
CIK
0000040987
Accession no.
0000040987-26-000037
AI-generated summary

Summary

Genuine Parts Company reported third-quarter 2026 sales of $6.5 billion, up 4.2% from a year earlier, with net income of $224 million ($1.62 per diluted share) and adjusted net income of $286 million ($2.07 per diluted share), and narrowed its full-year 2026 adjusted diluted EPS outlook to $7.50–$7.75 from $7.50–$8.00. CEO Will Stengel said the company remains on track to separate its Automotive and Industrial businesses into two independent companies, GPC and Motion, in the first quarter of 2027.

Key points

  • Third-quarter 2026 sales rose 4.2% to $6.5 billion, driven by a 2.9% increase in comparable sales, a 0.9% benefit from acquisitions and a net 0.4% favorable foreign currency and other impact.
  • Third-quarter net income was $224 million, or $1.62 per diluted share, versus $226 million, or $1.62 per diluted share a year earlier; adjusted net income was $286 million, or $2.07 per diluted share, excluding $61 million of after-tax restructuring and separation costs.
  • Industrial segment sales rose 6.1% to $2.4 billion with segment EBITDA up 11.2%, while North America Automotive sales rose 2.2% to $2.5 billion and its segment EBITDA fell 2.9%.
  • The full-year 2026 GAAP diluted EPS outlook was lowered to $5.60–$5.85 from $5.90–$6.40, while total sales growth, tax rate, operating cash flow and free cash flow guidance were unchanged.

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 October 20, 2026, Genuine Parts Company issued a press release announcing its results of operations for the third quarter ended September 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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