These include the food and beverage, forest products, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical and pharmaceutical industries. The Home Depot Pro, headquartered in Jacksonville, Florida, is one of the largest wholesale distributors and direct marketers of maintenance, repair and operations (MRO) products for non-industrial businesses in the United States. The Company has included a reconciliation of this additional information to the most comparable GAAP measure following the financial statements below. [7]. The company operates as an online retailer and sells industrial tools direct to consumers. This release contains certain financial information not derived in accordance with United States generally accepted accounting principles ("GAAP"). Genuine Parts Company (GPC) is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. [6], The Office Products Group, which operates under the name S. P. Richards Company, distributes more than 62,000 items to over 6,300 resellers and distributors throughout the United States and Canada from a network of 45 distribution centers. Net income for the third quarter was $227.5 million and earnings per share on a diluted basis were $1.56. At one time, it was ranked as the #3 B2B website by Advertising Age’s Business Marketing. Genuine Parts Company (GPC) is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. Activant Solutions Inc. was a privately held American technology company specializing in business management software serving retail and wholesale distribution businesses headquartered in Livermore, California. The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which the manufacturer recommends that the retailer sell the product. Genuine Parts Company (NYSE: GPC) announced today 6/30/2020 that it has completed the sale of its S.P. September 30, 2018. Strategically targeted specialty industries include power generation, waste-water treatment facilities, wind power generation, solar power, government projects, pipelines, railroads and ports, among others. [3], The Business Products Group, operating under the name S.P. Both transactions are effective today, June 30, 2020. The Home Depot Pro distributes a broad range of products such as HVAC, janitorial supplies, plumbing supplies and security supplies. The Company continues to expect a tax rate of approximately 25% in 2019. 2017 Acquired Inenco Group (Australia). The Company’s GPC Asia Pacific business serves the Australasian markets primarily under the brand name Repco. It owns the NAPA Auto Parts brand. In the last 35+ years, GPC has continued to grow through the acquisition of other companies in the automotive industry, as well as in the industrial, office and electrical industries. We believe these measures to be useful to enhance the comparability of our results from period to period and with our competitors, as well as to show ongoing results from operations distinct from items that are infrequent or not associated with the Company's core operations. [ citation needed ], Today GPC is a parts distributor with over 3,100 operations and approximately 48,000 employees. [3], The Industrial Parts Group, operating under the name Motion Industries, offers more than 5.9 million industrial replacement parts and related supplies. These include the food and beverage, forest products, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical and pharmaceutical industries. Genuine Parts Company (GPC) is an American service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. Sales for the Industrial Parts Group were up 9.9%, including a 0.9% comparable sales increase and 9.0% from acquisitions. Products cover over 100,000 items including wire and cable, insulating and conductive materials, assembly tools and test equipment.
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