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Genuine Parts Company, commonly referred to as the GPC, is a famous American provider and distributor of automotive and industrial replacement parts, office products and electrical materials. Founded in 1925 in Atlanta, Georgia, today the company operates all over the world and employs 39,000 people. GPC's largest division, Automotive Parts Group, distributes nearly 475,000 automotive replacement parts throughout North America, New Zealand and Australia. The Industrial Parts Group provides access to over 6.5 million industrial replacement parts, serving over 150,000 MRO and OEM customers. Included to the S&P 500 index, Genuine Parts share price (GPC) is set and traded on the New York Stock Exchange (NYSE).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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