News


Genuine Parts Boosts 3rd-Quarter Sales

October 18, 2019

Genuine Parts Co., parent company of S.P. Richards Co., has reported a fiscal third-quarter revenue of US$5 billion, a 6.2% year-over-year increase.

General Parts posted a quarterly net income of $227.5 million or $1.56 per share. Sales in Genuine Parts’ industrial parts division, which includes S.P. Richards, were up 9.9%, mainly due to new acquisitions.

About S.P. Richards
S.P. Richards Co. is a Smyrna, GA-based wholesaler of business products and cleaning supplies. For more information, visit www.sprichards.com.