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● GPC FOR IMMEDIATE RELEASE ● Ⓡ ATLANTA , April 22 , 2021 March 31 , 2021 . Sales of $ 4.5 billion , Up 9.1 % Diluted EPS from Continuing Operations $ 1.50 , Up 79 % Strengthened Balance Sheet and Strong Cash Flow Raises 2021 Outlook for Revenue Growth and Diluted EPS GENUINE PARTS COMPANY —— First Quarter 2021 Results GENUINE PARTS COMPANY REPORTS FIRST QUARTER 2021 RESULTS NEWS RELEASE Genuine Parts Company ( NYSE : GPC ) announced today its results for the first quarter ended " We are pleased with the strong start to 2021 and the ongoing recovery in our Automotive and Industrial businesses . The GPC team remained focused on execution and demonstrated agility in delivering strong financial results . We also operated through the quarter with continued focus on the physical and mental well - being of our employees , as our 50,000 teammates are the core of our success , " said Paul Donahue , Chairman and Chief Executive Officer of Genuine Parts Company . Sales from continuing operations were $ 4.5 billion , a 9.1 % increase compared to $ 4.1 billion in the same period of the prior year . The increase is attributable to a 4.6 % increase in comparable sales , a 3.7 % net benefit of foreign currency and other , and a 0.8 % benefit from acquisitions . Net income from continuing operations on both a GAAP and adjusted basis was $ 217.7 million , or a diluted earnings per share of $ 1.50 . This compares to net income from continuing operations of $ 122.3 million , or $ 0.84 per diluted share in the prior year period , an increase of 79 % , and compares to adjusted net income from continuing operations of $ 116.8 million last year¹ , or adjusted diluted earnings per share of $ 0.80 , an increase of 88 % . Mr. Donahue stated , “ Our positive sales growth was driven by a number of factors , including the overall strengthening economy , stimulus and execution of key initiatives . The Automotive business posted our strongest growth , with positive sales comps in each region of our operations , and Industrial continued its recovery with the third consecutive quarter of improving sales trends . In addition , we executed very well , producing our 14th consecutive quarter of gross margin expansion and managing our expenses through 1 Adjusted net income from continuing operations , adjusted diluted net income from continuing operations per common share and free cash flow referred in this press release are non - GAAP financial measures . Please refer to the supplemental information presented below for reconciliations of the non - GAAP financial measures used in this release to the most comparable GAAP financial measure and related disclosures .