Auto parts distributor LKQ Corp cut its full-year profit expectations on Thursday due to slowing demand for vehicle parts as fewer consumers opt to repair their cars.
Executives maintained that their strategy should still deliver market share growth and higher profitability over time. However, with Genuine Parts' core markets shrinking today, investors can't expect ...
Genuine Parts shares were under pressure ahead of the opening bell after the provider of automotive and industrial replacement parts scaled back its full-year guidance. In premarket trading, the ...
Auto parts replacement provider Genuine Parts cut its 2024 earnings per share forecast on Tuesday, as third-quarter earnings per share missed estimates due to weakness in its industrial segment and ...