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Essay / Review of Genuine Parts Company - 808
Genuine Parts Company (GPC) is a service organization that distributes vehicle spare parts, industrial spare parts, office products, and electrical equipment. It was founded in 1928 and has approximately 2,000 locations in the United States, Mexico and Canada (investor overview). The Automotive Parts Group distributes more than 380,000 parts through NAPA. For industrial spare parts, Motion Industries distributes more than 300 million items through its rapid delivery model. SPRichards is responsible for distributing 50,000 professional products, such as office supplies. The Electrical/Electronic Materials Group is one of North America's leading distributors of process materials, production supplies and value-added manufactured parts (Genpt). GPC's main headquarters is located in Atlanta, Georgia (Genpt). In 2013, 53% of GPC's profits came from NAPA, 31% from its industrial replacement parts, 12% from its office products and 4% from its electrical parts (Genuine Parts Co. 2013 Annual Report). ENVIRONMENT: Economic factors that affect the company are unstable credit markets, declining consumer and business confidence, fluctuating commodity prices, and volatile exchange rates (Genuine Parts Co. Annual Report 2013). GPC shares appeared to be reasonably priced. It has a covered dividend with a history of increases and is increasing to date and GPC currently pays an annual dividend of $2.15 per share, which it has increased every year for the past 57 years (Saletta). In addition, changes in general economic conditions, for example unemployment, inflation or deflation, high energy costs, competitive products, services and pricing pressures, may affect the Company (Genuine Parts Co . Annual report 2013). Although the original parts have some factors in the middle of paper...... ice cream. This way people won't have to look for mechanics and will save time. WORKS CITED Aletta, Chuck. "What makes Genuine Parts Company stock worth owning? - DailyFinance." DailyFinance.com. February 2, 14. Web. April 20, 2014. http://www.dailyfinance.com/2014/02/02/what-makes-genuine-parts-companys-stock-worth-owni/ Genuine Parts Co. 2013 Annual Report Internet. April 22, 2014 https://www.proxydocs.com/edocs/request?b=GPC&paction=doc&action=showdoc&docid=737527&se=737527 Genpt.com. NAPA, Motion Industries, SP Richards Co and EIS. Internet. April 18, 2014 http://www.genpt.com/portal/page/portal/GENPT.COM/about About NAPA. Napa Online. National Auto Parts Association, nd Web. April 21, 2014 http://www.napaonline.com/about.aspx Investor Overview – Genuine Parts Company. Investor overview. Internet. April 22, 2014.http://phx.corporate-ir.net/phoenix.zhtml?c=98901&p=irol-irhome