Genuine Parts buys a distributor as Q3 revenue climbs 15%

Genuine Parts Co. faced an unusually tough third quarter: It lost out to Staples Inc. in its bid to merge its S.P. Richards Co. with Essendant Corp. The company also took a hit on its facilities in the Carolinas from Hurricane Florence; and weathered operating cost hikes related to increased freight fees, wages and tariffs … Continue reading Genuine Parts buys a distributor as Q3 revenue climbs 15%