The 2020 Mid-Year Economic Update_long

Day: July 22, 2021

Motion

Motion Sales Increase 19.6% in 2Q

Genuine Parts Co., the parent of Motion — what GPC calls its “industrial parts group” — on Thursday reported that the distributor’s second-quarter sales of $1.6 billion were up 19.6% year-over-year and represented 33% of total company revenues. The increase in sales reflected a 16.4% increase in comparable sales, a 2.4% favorable impact from foreign …

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