DETROIT, July 17 (Reuters) - Genuine Parts Co , a distributor of automotive and other parts, said on Thursday that quarterly earnings increased 2 percent on strong sales growth in its electrical group.
Net income rose to $133.1 million, or 81 cents per share, in the second quarter, from $130.1 million, or 76 cents per share, a year earlier. Sales were up 4 percent to $2.87 billion.
Analysts on average had expected the Atlanta-based company to report earnings of 79 cents, ...
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