Financials
GPC Reports 19% Jump In Q1 Sales, Boosts 2022 Guidance
Sales in the Automotive Parts Group were $3.3 billion, up nearly 11%.
Read More
Sales in the Automotive Parts Group were $3.3 billion, up nearly 11%.
Comparable-store sales were up 4.8%.
Domestic same-store sales for the quarter, which ended Feb. 12, increased 13.8%.
Full-year sales for GPC’s Automotive Parts Group were $12.5 billion, up from $10.9 billion in 2021.
Full-year 2021 sales increased 15% to $13.33 billion, while same-store sales for the year jumped 13.3%.
Comparable-store sales for 2021 were up 10.7%.
AutoZone’s DIFM sales in the United States grew by a whopping 29.4% to $900 million – a first-quarter record for the company.
However, the company plans to open fewer new stores in 2021 than previously anticipated.
Sales for the first nine months of 2021 were $10 billion, up 14% compared to the first nine months of 2020.
Third-quarter sales for the Automotive Group were $3.2 billion, up 8.2% from 2020 and representing 66% of total company revenues.
