Genuine Parts Company reported third-quarter net income of $224 million, or $1.62 per diluted share, with sales rising 4.2% to $6.5 billion. The company narrowed its full-year adjusted earnings-per-share outlook to a range of $7.50 to $7.75 from the previous guidance of $7.50 to $8.00, citing recent business trends and strategic initiatives including the planned separation of its Automotive and Industrial businesses into independent companies by early 2027. Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-added solutions.
