Genuine Parts falls after cutting 2025 profit forecast

Genuine Parts

22/07/2025 14:01

** Shares of auto parts distributor Genuine Parts Company  GPC.N fall nearly 2% to $122 in premarket trade

** Co cuts 2025 adj. profit forecast to between $7.50-$8.00 from prior $7.75-$8.25

** It also slashes annual revenue growth to 1%-3% from its prior expectation of 2%-4%

** It reports Q2 revenue of $6.16 bln, above expectations of $6.12 bln, according to data compiled by LSEG

** As of last close, stock had risen 6% YTD

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))