Quarterly ResultJul 21, 2026, 07:36 AM
Genuine Parts Q2 Sales $6.5B, Adj. EPS $2.15; Reaffirms Outlook
AI Summary
Genuine Parts Company reported solid second quarter 2026 results with sales increasing 6.0% to $6.5 billion and adjusted diluted earnings per share rising to $2.15. However, GAAP diluted earnings per share decreased to $1.65, impacted by global restructuring and planned separation costs. The company reaffirmed its 2026 adjusted EPS outlook while updating its GAAP EPS outlook and select other elements, and remains on track to complete the separation of its Global Automotive and Global Industrial businesses in Q1 2027.
Key Highlights
- Second quarter 2026 sales increased 6.0% to $6.5 billion.
- Second quarter 2026 adjusted diluted EPS was $2.15, up from $2.10 in prior year.
- Second quarter 2026 GAAP diluted EPS was $1.65, down from $1.83 in prior year.
- North America Automotive sales grew 3.8% to $2.5 billion.
- International Automotive sales increased 8.2% to $1.6 billion.
- Industrial sales rose 7.1% to $2.4 billion.
- Reaffirmed 2026 adjusted diluted EPS outlook of $7.50 to $8.00.
- Updated 2026 GAAP diluted EPS outlook to $5.90-$6.40 from $6.10-$6.60.
Price Impact
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