GPC Q2 FY2026: sales up 6.0%, adjusted EPS beat, GAAP outlook cut
Genuine Parts beat on adjusted earnings but earned less on a GAAP basis, and management cut its GAAP EPS outlook while reaffirming the adjusted one. Revenue of $6.54 billion rose 6.0%, yet only 3.4 points came from comparable sales. The verdict is Neutral: the core business is growing and gross margin improved to 37.8%, but the split and restructuring bills are eating a bigger share of profit.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS fell to $1.65 from $1.83, while adjusted EPS rose to $2.15 from $2.10 and came in above the $2.0963 consensus estimate. The $0.50 per share gap between GAAP and adjusted results is mostly $69 million of after-tax restructuring and separation costs. Adjusted EPS grew only 2.4% year over year, which is thin for a company reporting 6.0% sales growth.
Revenue was $6.54 billion, up 6.0% from $6.16 billion a year earlier. Only 3.4 percentage points of that came from comparable sales; foreign currency added 1.4 points and acquisitions 1.2 points, so roughly 40% of the growth was not organic. Industrial was the engine with 6.1% comparable growth, while International Automotive managed just 0.6% comparable growth and was carried by currency and deals.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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