Genuine Parts Company recently announced that its board of directors declared a regular quarterly cash dividend of $0.79 per share on the company’s common stock.
The dividend is payable Jan. 4, 2021, to shareholders of record Dec. 4, 2020.
President and CEO Shane O’Kelly said Advance continues to act with a sense of urgency to “return to profitable growth.”
Advance Auto Parts, Inc. recently announced its financial results for the fourth quarter and full year ended December 30, 2023. Shane O'Kelly, president and CEO, said as the company closed out 2023 it "continued to act with a sense of urgency to stabilize the business and position the company to return to profitable growth."
During the quarter, AutoZone opened 19 new stores in the U.S., while adding six new stores in Mexico and four in Brazil.
For the full-year 2023, Dana reported sales of $10.6 billion, up from $10.2 billion in 2022.
President and CEO Dominick Zarcone expressed satisfaction with the company’s results amid macroeconomic challenges.
Eric Sills, chairman and CEO, said the company is looking to continue to find ways to better service customers and explore opportunities to partner for growth in 2024.
Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.
James Howe was appointed president, Motion, the company’s industrial business, effective April 1, 2024.
Phinia reported that it expects strong earnings and cash generation in 2024, driven by operational efficiencies, and growth in aftermarket sales.
GPC reported mid-single-digit total sales growth and its third consecutive year of double-digit earnings growth.
