Quarterly ResultApr 21, 2026, 07:31 AM
GPC Q1 2026 Sales Up 6.8% to $6.3B, Reaffirms Full-Year Outlook
AI Summary
Genuine Parts Company reported first-quarter 2026 results ahead of expectations, with sales increasing 6.8% to $6.3 billion. Adjusted diluted EPS rose to $1.77, up from $1.75 in the prior year, despite a slight GAAP net income decrease due to restructuring costs. The company reaffirmed its full-year outlook and confirmed its planned business separation is on track for Q1 2027.
Key Highlights
- Q1 2026 sales increased 6.8% to $6.3 billion.
- Adjusted diluted EPS was $1.77, up from $1.75 year-over-year.
- Comparable sales grew 2.4% company-wide.
- Industrial segment sales rose 5.2% to $2.3 billion.
- Full-year outlook reaffirmed.