Motion Industries’ 2Q 2015 sales decrease by 2 percent
Genuine Parts CEO cites “ongoing choppiness in the economy”
Genuine Parts Company (NYSE: GPC) announced sales and earnings for the second quarter and six months ended June 30, 2015.
Sales for the second quarter ended June 30, 2015, increased 1% to $3.94 billion compared to sales of $3.91 billion for the same period in 2014. Net income for the second quarter was $195.4 million compared to $197.7 million recorded for the same period in the previous year. Earnings per share on a diluted basis were $1.28, equal to the earnings per share for the second quarter last year.