Core Growth Creeps Along as Genuine Parts' Acquisitions Add Revenue
While Genuine Parts Company's (NYSE: GPC) comparable sales growth could benefit from a higher expansion rate, give the organization credit for its acquisitiveness: Revenue from business purchases helped offset sales headwinds to furnish the distributor with mid-single-digit top-line growth this quarter. As we dissect the last three months of operations below, note that all comparative numbers are presented against the prior-year quarter.
Data source: Genuine Parts Company.
Image source: Getty Images.
Source Fool.com
