Genuine Parts Company (GPC), an automotive and industrial parts provider, has reaffirmed its annual guidance.
For fiscal 2026, the company still expects net income of $6.10 to $6.60 per share, with adjusted profit of $7.50 to $8 per share, on sales growth of 3% to 5.5%.
For fiscal 2025, Genuine Parts had reported a net income of $0.47 per share, with an adjusted income of $7.37 per share, on sales of $24.300 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.