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Genuine Parts Co. (NYSE: GPC), Atlanta, reported third quarter sales of $5 billion, up 6.2% from the previous year. Profit increased 3.3% over the year to $227.5 million.
Sales for the first nine months for Genuine Parts were $14.7 billion, an increase of 4.3% over the same period in 2018. Profit decreased 1.8% to $612.2 million.
The Industrial Parts Group reported sales of $1.7 billion for the quarter, up 10.2% from the previous year. Automotive group sales were $2.8 billion for the quarter, up 5.3% from 2018.