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Genuine Parts Co. Reports Record Second-Quarter Sales And Earnings

For the six months ended June 30, sales totaled $6.5 billion, up 6 percent compared to the same period in 2011.

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ATLANTA – Genuine Parts Co. has reported sales and earnings for the second quarter and six months ended June 30.

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Thomas Gallagher, chairman and CEO, announced that record sales totaling $3.3 billion were up 5 percent compared to the second quarter of 2011. Net income for the quarter was $168.6 million, an increase of 11 percent from $151.8 million recorded in the same period of the previous year. Record earnings per share on a diluted basis were $1.08, up 12.5 percent compared to 96 cents for the second quarter last year.

For the six months ended June 30, sales totaled $6.5 billion, up 6 percent compared to the same period in 2011. Net income for the six months was $314.9 million, an increase of 13 percent from $278.3 million recorded in the previous year.

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