Genuine Parts Company Updates Earnings Guidance for the Full Year Ending December 31, 2024

Genuine Parts Company specializes in distributing spare parts for automobiles and industrial equipment. Net sales break down by family of products as follows: - automotive spare parts and accessories (61.7%); - industrial spare parts and accessories (38.3%): industrial rollers, mechanical, electric, and hydraulic transmission parts, plumbing materials, pneumatics, etc. Net sales are distributed geographically as follows: the United States (66%), Europe (15.7%), Australasia (9.3%), Canada (8.7%), and Mexico (0.3%).