Genuine Parts Company, a leading global distributor of automotive and industrial replacement parts, plans to release first quarter financial results on April 18, 2024.

Following the release, management will host a conference call at 8:30 a.m. ET.

The public may access the webcast and supplemental earnings materials on the company’s investor relations website.

The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company’s website or toll-free at 1-888-660-6345, ID 28852#, two hours after completion of the conference call.

At its fourth quarter and full year results call in February, Genuine Parts Company announced that fourth quarter and full year sales were both up in 2023, with total sales surpassing $23 billion USD.

It also announced a ‘global restructuring’ designed to better align the company’s assets and further improve the efficiency of the business. This initiative includes an announced voluntary retirement offer in the U.S., along with a rationalization and optimization of certain distribution centers, stores and other facilities. 

The company said will result in $20 million to $40 million in savings in 2024.

About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts. Our Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. We keep the world moving with a vast network of over 10,700 locations spanning 17 countries supported by more than 60,000 teammates. Learn more at genpt.com.