Genuine Parts (GPC)
Frequently Asked Questions About Genuine Parts (GPC)
How can I invest in Genuine Parts Company?
To invest in Genuine Parts Company, one can purchase shares of stock through a brokerage account. GPC is traded on the New York Stock Exchange under the ticker symbol 'GPC.' Interested investors should conduct their due diligence, including reviewing the company's financial health, business strategy, and market conditions. It's advisable to consider consulting with a financial advisor for tailored investment advice.
How does Genuine Parts Company ensure product quality?
Genuine Parts Company ensures product quality by collaborating with reputable manufacturers and adhering to stringent quality standards. The company implements rigorous testing procedures and quality control measures to maintain product integrity. GPC also invests in employee training and product knowledge, ensuring that their staff can effectively answer customer queries and provide recommendations based on reliable quality metrics.
How many employees does Genuine Parts Company have?
As of the latest reports, Genuine Parts Company employs thousands of individuals across its various operational segments. The exact number of employees fluctuates due to the company's seasonal demands and business operations expansion. GPC places a strong emphasis on workforce development and training, ensuring that its employees are well-prepared to meet customer needs and adapt to industry changes.
Is Genuine Parts Company involved in sustainability efforts?
Yes, Genuine Parts Company is actively engaged in sustainability initiatives aimed at reducing its environmental impact. This includes the implementation of energy-efficient practices within its operations and distribution centers, as well as efforts to reduce waste. GPC also promotes sustainability in product offerings, supporting manufacturers with environmentally friendly options. The company regularly publishes reports on its sustainability progress and remains focused on continuous improvement in this area.
Is Genuine Parts Company publicly traded?
Yes, Genuine Parts Company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol 'GPC.' Being a publicly traded company requires GPC to adhere to the regulatory standards set by the SEC, including regular financial disclosures, governance practices, and transparency with shareholders. This status allows investors to buy and sell shares in the company, contributing to its capital and growth potential.
What are Genuine Parts Company's core values?
Genuine Parts Company upholds several core values centered around integrity, customer service, and operational excellence. The company is committed to maintaining high ethical standards in all interactions, valuing transparency and accountability. Customer-focused service is paramount, with a mission to deliver high-quality products and support that exceed customer expectations. Additionally, GPC emphasizes teamwork and respect within the workplace to foster a collaborative and innovative culture.
What are some recent acquisitions by Genuine Parts Company?
In recent years, Genuine Parts Company has engaged in several strategic acquisitions to enhance its product offerings and expand its market reach. These acquisitions have bolstered its automotive and industrial segments, integrating complementary businesses that strengthen GPC's operational capabilities. Specific details about the most recent acquisitions can typically be found in the company's press releases or investor communications, highlighting their impact on business growth.
What are the main business segments of Genuine Parts Company?
Genuine Parts Company primarily operates through two main segments: Automotive and Industrial. The Automotive segment focuses on the distribution of replacement parts and accessories for vehicles, servicing both consumers and professionals. The Industrial segment provides maintenance, repair, and operational products and services, catering to a wide range of industries such as manufacturing and construction, ensuring that equipment functioning is optimized across multiple sectors.
What does Genuine Parts Company do?
Genuine Parts Company (GPC) is a leading distributor of automotive and industrial replacement parts. Founded in 1928, GPC operates through two key segments: Automotive and Industrial. It supplies a wide array of products, including automotive parts, batteries, tools, and maintenance supplies, as well as industrial components and equipment. The company serves both the DIY and professional markets, maintaining a vast network of distribution centers and retail outlets to ensure quick service and product availability.
What is Genuine Parts Company's business strategy?
Genuine Parts Company's business strategy revolves around growth through strategic acquisitions, expanding their distribution networks, and enhancing customer service. The company aims to be a one-stop shop for automotive and industrial parts, seeking to optimize its supply chain and increase efficiency. Continued investment in technology and e-commerce is also a priority to improve the customer experience and adapt to changing market demands.
What is the ticker symbol for Genuine Parts Company?
The ticker symbol for Genuine Parts Company is 'GPC.' This symbol is used to identify the company’s stock during trading on the New York Stock Exchange (NYSE). Investors can use the ticker to track stock performance, market activities, and relevant news pertaining to the company.
What markets does Genuine Parts Company operate in?
Genuine Parts Company primarily operates in the North American market, with a significant presence in the United States and Canada. In addition to North America, GPC has expanded its reach internationally, serving customers in Europe, Asia, and other regions through various acquisitions and partnerships. This strategic globalization allows the company to leverage local market knowledge while providing quality products and services worldwide.
What sets Genuine Parts Company apart from its competitors?
Genuine Parts Company differentiates itself from its competitors through its extensive distribution network, strong customer relationships, and a wide range of quality products. GPC's commitment to exceptional customer service, combined with a broad array of both national and private-label brands, allows it to cater to various customer needs. Additionally, the company's proactive approach to technology investments and supply chain optimization distinguishes it in a competitive marketplace.
What type of products does Genuine Parts Company offer?
Genuine Parts Company offers a wide range of products, primarily in the automotive and industrial sectors. For the automotive segment, the company provides parts, batteries, tools, and maintenance supplies from brands that include ACDelco, Carquest, and NAPA. In its industrial segment, GPC offers everything from bearings and power transmission products to safety equipment and hydraulic components. The extensive product lineup is designed to meet the unique requirements of their diverse customer base.
When was Genuine Parts Company founded?
Genuine Parts Company was founded in 1928 by L. E. (Elmer) Smith in Atlanta, Georgia. Originally starting as a small automotive parts business, it has evolved over the decades into a major distributor serving various markets. The company has consistently expanded its operations and acquired other businesses, which has contributed significantly to its growth and prominence in the automotive and industrial sectors.
Where can I find Genuine Parts Company's financial reports?
Genuine Parts Company publishes its financial reports on its official website under the Investor Relations section. This location features annual reports, quarterly earnings, and other key financial disclosures that provide insights into the company's performance. Additionally, financial data can also be accessed through public disclosure platforms and financial news websites that cover publicly traded companies.
Where is Genuine Parts Company headquartered?
Genuine Parts Company is headquartered in Atlanta, Georgia. The company's headquarters serves as the central hub for its operations, where strategic decisions are made, and where leadership can oversee the extensive distribution network that spans across North America and beyond. Atlanta was chosen for its logistical advantages, positioning the company well within a crucial transportation corridor.
Who are the key customers of Genuine Parts Company?
Genuine Parts Company serves a diverse customer base that includes both professional and do-it-yourself (DIY) customers. Professional customers consist of auto repair shops, service stations, and fleet operators who rely on genuine parts for vehicle maintenance. DIY customers include individual consumers looking to purchase parts or accessories for home vehicle repairs. Furthermore, its industrial segment also caters to manufacturers, government entities, and other organizations needing maintenance and repair products.
Who is the CEO of Genuine Parts Company?
As of October 2023, the CEO of Genuine Parts Company is Paul Donahue. He has been with the company for several decades and took on the role of CEO in 2017. Under his leadership, GPC has focused on expanding its market presence, enhancing operational efficiencies, and embracing digital technologies to meet customer needs effectively.
What is the current price of Genuine Parts?
The current price of Genuine Parts is 118.68
When was Genuine Parts last traded?
The last trade of Genuine Parts was at 4:10 pm EDT on April 3rd, 2025
What is the market capitalization of Genuine Parts?
The market capitalization of Genuine Parts is 17.00B
How many shares of Genuine Parts are outstanding?
Genuine Parts has 143.21M shares outstanding.