Genuine Parts Co
GPC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|P.Fz@T%V | LOCK|>> | LOCK|x!^?$!J |
Genuine Parts Earnings: In-Line Results Despite Persistent Cost Pressures; Shares Fairly Valued
Genuine Parts had comparable sales growth of 3.7% and 1.6% in its industrial and automotive segments, respectively, in the third quarter. Its adjusted EBITDA margin improved 40 basis points to 8.4% despite a 5% increase in operating costs from inflation.
