Though comparable sales declined year-over-year, the gap narrowed sequentially as EBITDA margin had a considerable jump from 4Q.
Motion’s 1Q Comparable Sales Tick Down, but Outlook Holds Read More »
Cornwall, Ontario-based UAP is a distributor of automotive parts and heavy-duty parts, including tires, covers, shocks, wipers, coils and more.
Genuine Parts’ UAP Acquires Auto Parts Distributor Benson in Canada Read More »
Year-over-year sales and profit continued to slide at Motion, reflecting challenges in the industrial sector.
Motion 3Q U.S. Sales Down 1.2% YoY Read More »
Motion, Genuine Parts Company’s industrial segment, achieved sales of $2.3 billion in 2023’s first quarter.
Motion’s 1Q Sales Rose 11.9% Year-Over-Year; Outlook Holds Read More »
Motion, Genuine Parts Company’s industrial segment, achieved better than $8.4 billion in 2022 sales.
KDG Buy Leads Motion to 33% Sales Growth in 2022 Read More »
For the second quarter of 2022, Genuine Parts Company reported record sales of $5.6 billion, a 17% increase over the same period a year ago.
With KDG Boost, Motion 2Q Sales Jump 34.5% Read More »
The company’s board of directors declared a regular quarterly cash dividend of $0.895 per share on common stock.
GPC Declares Quarterly Dividend Read More »
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
Genuine Parts Company also reported 2021 fourth-quarter sales of $4.8 billion, a 13% increase over the same period in 2020.
GPC 2021 Sales Top $18B Read More »
Genuine Parts Company announced an increase in the regular quarterly cash dividend for the 66th consecutive year.
Genuine Parts Increases Dividend 10% Read More »
Carol Yancey, executive vice president and chief financial officer, will retire at the end of May after 30 years at the company.
Genuine Parts CFO to Retire Read More »
GPC last month agreed to acquire Kaman Distribution Group under GPC’s wholly-owned subsidiary, Motion Industries, Inc.
Motion Finalizes $1.3B Kaman Deal Read More »
‘Highly synergistic’ acquisition valued at $1.3 billion, according to Genuine Parts Company.
Genuine Parts to Acquire Kaman Distribution Group Under Motion Subsidiary Read More »
Motion’s third-quarter sales were $1.6 billion, up 14.5% from 2020 and representing 34% of total company revenues.
Motion Sales Jump 14.5% in 3Q Read More »
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
Motion Sales Increase 19.6% in 2Q Read More »
Genuine Parts Co., the parent of Motion, reported that the distributor’s 1Q sales of $1.5 billion were up 0.1% year-over-year and represented 34% of the company’s revenues in the period.
Motion Sales Up 0.1% in 1Q Read More »
Genuine Parts Co., the parent of Motion, reported that the distributor’s 4Q sales of $1.4 billion were down 3.3% year-over-year and represented 34% of the company’s revenues in the period.
Motion Sales Dip 3.3% in 4Q Read More »
Stengel previously served as chief transformation officer of the company of Genuine Parts and his background also includes executive roles at HD Supply.
Genuine Parts Promotes William Stengel to President Read More »
Motion Industries, a subsidiary of Genuine Parts Co., announced Monday it has acquired Canada-based TRC Hydraulics and California-based F&L Industrial Solutions.
Motion Industries Acquires Two Companies Read More »
Scott Sonnemaker, group president, North American Automotive, is leaving GPC to pursue other opportunities.
Genuine Parts Announces Executive Resignation Read More »
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
