Genuine Parts cuts 2025 adjusted EPS outlook to $7.50-$8.00 after Q2 results
Genuine Parts reported second-quarter 2025 sales of $6.2 billion, up 3.4% from a year earlier, but diluted EPS fell to $1.83 from $2.11 and adjusted diluted EPS fell to $2.10 from $2.44. The company cut its full-year 2025 adjusted diluted EPS outlook to $7.50 to $8.00 from $7.75 to $8.25 and lowered its total sales growth outlook, citing tariffs and a more moderate expected market improvement, which points to lower profit for shareholders this year.
- Q2 2025 sales were $6.2 billion, up 3.4%; comparable sales rose 0.2%, and acquisitions contributed 2.6%.
- Q2 net income was $255 million, or $1.83 per diluted share, versus $296 million, or $2.11, a year earlier; adjusted diluted EPS was $2.10 versus $2.44.
- 2025 adjusted diluted EPS outlook was cut to $7.50 to $8.00 from $7.75 to $8.25; total sales growth outlook was cut to 1% to 3% from 2% to 4%.
- A one-time, non-cash pension plan termination charge, based on actuarial losses of about $735 million ($540 million after tax) as of December 31, 2024, is expected in late 2025 or early 2026 and is not included in the outlook.