Genuine Parts Company Reports Third Quarter 2020 Results

Sales of $4.4 billion, Down 3.4%; Excluding Divestitures, Up 0.8%

Diluted Net Income per Share from Continuing Operations $1.61, Up 11%

Diluted Adjusted EPS from Continuing Operations $1.63, Up 17%

Segment Profit Up 100 basis points to 9.0%

Strengthened Balance Sheet, Enhanced Liquidity and Strong Cash Flows

ATLANTA, GA (STL.News) Genuine Parts Company (NYSE: GPC) announced today its results for the third quarter and nine months ended September 30, 2020.

“The GPC team remained focused on our top priorities through the third quarter, aggressively managing our operations through the challenges of COVID-19.  We are proud of everyone’s hard work and commitment to operational excellence, which has required effective measures to maintain a safe work environment while also providing first class customer service,” said Paul Donahue, Chairman and Chief Executive Officer of Genuine Parts Company.

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Can also be viewed at USBiz.News

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