Genuine Parts Company reported net sales of USD 6.01 billion for the fourth quarter, with full year net sales reaching USD 24.30 billion. Gross profit for the quarter was USD 2.10 billion, while the full year gross profit totaled USD 8.94 billion. The company held a conference call to discuss the quarterly results and announced the planned separation of its Global Industrial Parts Group, aimed at creating two focused market leaders. A supplemental earnings presentation and call replay are available on the company's investor relations website.
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