The 2020 Mid-Year Economic Update_long

Genuine Parts Co. Reports 8% Sales Jump in 2Q

Genuine Parts Company, Atlanta, GA, announced its second-quarter sales totaled $2.7 billion, up 8% from the second quarter of 2005. Profit was $120.7 million, an increase of 9% from the same period in 2005.

For the six months ended June 30, 2006, sales totaled $5.2 billion, up 8% from the same period in 2005. Profit for the six months was $234.6 million, an increase of 8%.

GPC reported positive growth in each of its four business segments. Motion Industries grew sales by 10%. EIS, the electrical group, posted a 24% sales increase. S.P. Richards, the office products group, generated a 6% sales jump. Automotive Group reported a 5% sales increase.

Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The company also distributes industrial replacement parts in the U.S. and in Canada through its Motion Industries subsidiary. S. P. Richards Company, the Office Products Group, distributes office products nationwide in the U.S. and Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S., Canada and Mexico.

More details on GPC’s second quarter earnings can be found here.

Related Links:
Motion Industries Acquires Lewis Supply
Motion Industries Acquires Don Hills Company
Genuine Parts Co. 1Q Sales Up 9%
Genuine Parts Co. Sales Increase 8% to $9.8B in 2005

More Breaking News

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.