Shares of Genuine Parts Company (NYSE:GPC) fell by a record 18% at Tuesday’s open as the company’s disappointing Q3 results coupled with significantly lowered guidance for FY24 chased shares ...

Profits fell at Genuine Parts due to challenges in the industrial sector and Europe. The company cut its guidance for the year. The Napa parent continues to underperform O'Reilly and AutoZone.

(RTTNews) - Shares of Genuine Parts Co. (GPC) were losing around 10 percent in pre-market activity on the NYSE after the company lowered its fiscal 2024 outlook after reporting weak third-quarter ...