Total GPC Sales Growth
GPC reported total sales of $5.9 billion, up 1.4% from the previous year, driven primarily by acquisitions and improved sales in the industrial business.
Gross Margin Expansion
Gross margin expanded by 120 basis points from the previous year, reflecting benefits from acquisitions and strategic pricing and sourcing initiatives.
NAPA ProLink Platform
The modernized e-commerce platform, NAPA ProLink, was launched and is receiving positive customer feedback, with B2B e-sales growing mid-single-digits.
Expansion in Asia Pacific
Asia Pacific region delivered another quarter of double-digit growth in local currency, with total sales increasing approximately 12%.
Canadian Sales Increase
In Canada, total sales increased approximately 5% in local currency from the previous year, with comparable sales up approximately 4%.
Strategic Acquisitions
The integration of recent acquisitions, including MPEC and Walker, is progressing well and contributing positively to NAPA's EBITDA margin.