Genuine Parts Q1 Earnings Call Highlights

1 week ago 9

MarketBeat

Tue, April 21, 2026 astatine 10:51 AM CDT 9 min read

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Genuine Parts reported Q1 income of astir $6.3 billion (≈7% YoY) with adjusted EPS of $1.77 and adjusted EBITDA up ~5%, saying results were up of expectations portion reaffirming full‑year guidance of adjusted EPS $7.50–$8.00, but warned the Iran struggle could shave astir $10–$20 million of EBITDA successful Q2.
The Global Industrial conception showed peculiar spot (sales ≈$2.3 billion, EBITDA +13% and borderline up 90 bps), portion North American automotive improved sequentially with company‑owned stores outpacing independents and the wide NAPA strategy increasing astir 4% successful the quarter.
The planned divided into abstracted Global Automotive and Global Industrial nationalist companies remains connected way for Q1 2027, with expected incremental run‑rate dis‑synergies and standalone costs of astir $100–$150 million.
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Genuine Parts (NYSE:GPC) reported first-quarter 2026 results that absorption said were up of interior expectations, portion reaffirming its full-year outlook amid uncertainty tied to the struggle successful Iran and broader geopolitical volatility.

Chair-Elect and CEO Will Stengel said the institution delivered “financial results up of our expectations” successful the 4th and noted sequential betterment crossed each 3 concern segments. Total institution income were $6.3 billion, up astir $400 million, oregon astir 7%, versus the anterior year.

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Executive Vice President and CFO Bert Nappier said first-quarter adjusted EBITDA roseate 5% and adjusted EPS was $1.77, “slightly supra anterior year.” Nappier said results reflected higher income and benefits from restructuring initiatives, partially offset by outgo ostentation and higher operating expenses. He besides reiterated that depreciation and involvement disbursal were headwinds successful the quarter, negatively impacting net by $0.09.

Nappier said first-quarter adjusted results included non-recurring costs related to the company’s planetary restructuring programme and planned separation of its automotive and concern businesses. Those items totaled $75 cardinal of pre-tax costs, oregon $56 cardinal aft tax.

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Genuine Parts: Solid Earnings But Economic Uncertainties Remain

On the apical line, Nappier said income accrued 6.8%, driven by a 240-basis-point betterment successful comparable sales, a 130-basis-point publication from acquisitions, and a 320-basis-point payment from overseas currency. Price ostentation was “up debased azygous digits” crossed segments, including astir 3% successful North American automotive and industrial, and astir 2% successful planetary automotive.

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