Genuine Parts cuts profit forecast on restructuring costs, tepid auto part demand

Investing.comTuesday, October 21, 2025 at 12:12:38 PM
Genuine Parts cuts profit forecast on restructuring costs, tepid auto part demand
Genuine Parts has lowered its profit forecast due to rising restructuring costs and a sluggish demand for auto parts. This adjustment highlights the challenges the company faces in a competitive market, where consumer spending on vehicle maintenance is waning. Investors and stakeholders should pay attention to how these factors might impact the company's long-term growth and stability.
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