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Genuine Parts to Pursue Corporate Spin-off in Early 2027 and Records $6.5 Billion in Revenue

The Motley Fool +2 ·

GPC
GPC Genuine Parts Co
$123.52 -5.12%
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  1. 1Genuine Parts recorded $6.5 billion in revenue for the third quarter of 2026.
  2. 2Genuine Parts announced a 4% revenue growth in the third quarter of 2026 and that the corporate spin-off is proceeding as scheduled for early 2027.
  3. 3The Motion industrial unit recorded $2.4 billion in quarterly revenue for the third quarter of 2026.

So what's the key point?

Genuine Parts recorded $6.5 billion in revenue and is moving forward with its plan to split the company. This means the corporate spin-off is happening as planned and each business unit is producing results.

Source The Motley Fool +2 · View original ↗

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