Atlanta-based Genuine Parts Company (NYSE: GPC), a global distributor of automotive and industrial replacement parts, reported sales for the second quarter ended June 30, 2024, were $6.0 billion, a 0.8% increase from the same time last year.
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Net income was $296 million.
Sales for the six months ended June 30, 2024, were $11.7 billion for Genuine Parts Company, up 0.6% from the same period in 2023. Profit was $544 million.
Sales for Motion Industries, the industrial parts segment, were $2.2 billion, down 1.1%. Profit was $277 million.
Global Automotive sales were $3.7 billion, up 2.0% from the same period in 2023. Profit was $314 million, down 4.7%.
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