Genuine Parts Q4 Sales Better Than Expected; Sees 9-11% Revenue Growth in 2022

• (PLX AI) - Genuine Parts Q4 sales USD 4,800 million vs. estimate USD 4,670 million.
• • Outlook FY revenue growth 9-11%
• • Outlook FY EPS USD 7.45-7.6
• • Says Q4 sales improvement is attributable to an 11.3% increase in comparable sales and a 1.9% benefit from acquisitions, partially offset by a slightly unfavorable impact of foreign currency
• • The outlook for 2022 accounts for an approximate 2% headwind from foreign currency translation