Genuine Parts plans to split its automotive and industrial units into two public companies to sharpen growth focus.
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This auto-parts maker is jumping on the breakup bandwagon. Here’s why the stock is tanking.
Genuine Parts shares tumbled Tuesday after a big earnings miss overshadowed breakup plans.
On Tuesday, Genuine Parts reported weaker-than-expected fourth-quarter earnings and gave 2026 guidance that was below Street estimates.
Raymond James believes that a planned business separation should help unlock value for shares of Genuine Parts Company . The ...
Genuine Parts Co. ( GPC) is preparing to split its operations into two publicly traded companies. Sources indicate that the ...
Leading automotive aftermarket parts provider also investing to improve customer experience, increase parts availability and speed of service with same-day delivery RALEIGH, N.C.--(BUSINESS ...
Advance Auto Parts sold its Worldpac subsidiary to the Carlyle Group and is to shutter stores. (Photo by Tierney L. Cross/Getty Images) Automotive parts retailer Advance Auto Parts is hoping that less ...
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