Genuine Parts Q2 2026 Earnings Call: Complete Transcript

On Tuesday, Genuine Parts (NYSE: GPC ) discussed second-quarter financial results during its earnings call.

The full transcript is provided below.

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For comprehensive financial data and transcripts, visit Access the full call at Summary Genuine Parts Company reported second quarter sales of $6.5 billion, a 6% increase year-over-year, with adjusted earnings per share of $2.15.

The company is on track for the planned separation of its automotive and industrial businesses in the first quarter of 2027, with significant progress made on related strategic and operational initiatives.

Industrial segment sales grew by 7% with a 10% increase in EBITDA, while the North America Automotive segment saw a 4% sales increase and a 6% rise in EBITDA.

The company's international automotive business experienced an 8% sales increase, with the UK and Germany showing strong performance.

Management reaffirmed their 2026 guidance with adjusted EPS expected to range between $7.50 and $8.00, but noted potential headwinds from the ongoing Iran conflict affecting costs and consumer sentiment.

Strategic pricing and sourcing initiatives contributed to a 20 basis point expansion in gross margin, despite inflationary pressures.

The company is preparing for Investor Days in December to provide detailed insights into the strategies of the separated entities.

Management emphasized that there are no current discussions regarding a sale of the global automotive business to a competitor.

Full Transcript OPERATOR Good morning, ladies and gentlemen, and welcome to the Genuine Parts Co second quarter 2026 earnings conference call.

At this time, all lines are in the listen-only mode.

Following the presentation, we will conduct a question-and-answer session.

If at any time during this call you require immediate assistance, please press 0 for the operator.

This call is being recorded on Tuesday, July 21, 2026.

I would now like to turn the conference over to Tim Walsh.

Please go ahead.

Tim Walsh, Investor Relations Thank you and good morning everyone.

Welcome to Genuine Parts Co's second quarter 2026 earnings call.

Joining us on the call today are Will Stengel, Chairman and Chief Executive Officer, and Bert Nappier, Executive Vice President and Chief Financial Officer.

In addition to this morning's press release, a supplemental slide presentation can be found on the investors page of the Genuine Parts Co website.

Today's call is being webcast and a replay will also be made available on the company's website.

After our prepared remarks, the call will be open for questions, the responses to which will reflect management's views as of today, July 21, 2026.

If we're unable to get to your questions, please contact our Investor Relations Department.

Please be advised this call may include certain non-GAAP financial measures which may be referred to during today's discussion of our results as reported under Generally Accepted Accounting Principles.

A reconciliation of these measures is provided in the earnings press release.

Today's call may also include forward-looking statements regarding the company and its businesses as defined in the Private Securities Litigation Reform Act of 1995.

The company's actual results could differ materially from any forward-looking statements due to several important factors described in the company's latest SEC filings, including this morning's press release.

The company assumes no obligation to update any forward-looking statements made during this call.

With that, I'll turn it over to Will.

Will Stengel, Chairman & CEO Thank you, Tim.

Good morning, everyone, and thank you for joining our second quarter 2026 earnings call.

I want to begin by thanking our teammates around the world for their hard work, resilience, and commitment to serving our customers.

Their dedication continues to be a defining strength of Genuine Parts Co.

This morning, I'll review our second quarter results by segment, provide perspective on the current operating environment, and share an update on the planned separation of our automotive and industrial businesses.