Genuine Parts (GPC) risk factors, FY2024 10-K

Other

1. 01FORWARD-LOOKING STATEMENTS
2. 02Forward-looking statements are only as of the date they are made, and we undertake no duty to update our forward-looking statements except as required by law. You are advised, however, to review any further disclosures we make on related subjects in our subsequent Forms 10-Q, 8-K and other reports filed with the SEC

STRATEGIC AND OPERATIONAL RISKS

1. 03Our business depends on customer demand for the products that we distribute. Demand for these products depends on many factors
2. 04We face substantial competition in the industries in which we do business
3. 05readily, more successfully utilize developing technology, including data analytics, artificial intelligence, and machine
4. 06The impact of geopolitical conflicts may adversely affect our business and results of operations
5. 07If we experience a security breach, if our internal information systems fail to function properly or if we are unsuccessful in implementing, integrating or upgrading our information systems, our business operations could be materially affected
6. 08We recognize the growing demand for business-to-business and business-to-customer e-commerce options and solutions, and we could lose business if we fail to provide or adapt to the e-commerce options and solutions our customers wish to use
7. 09Our dependence on key personnel and the increasing potential for union activity could adversely affect our future results and harm our business
8. 10Our strategic transactions, initiatives and transformation plan involve risks, which could have an adverse impact on our financial condition and results of operation, and we may not realize the anticipated benefits of these transactions and initiatives

MACROECONOMIC, INDUSTRY AND FINANCIAL RISKS

1. 11Fluctuations in foreign currency exchange rates have adversely affected and could continue to adversely affect our operating results
2. 12Our debt levels could adversely affect our cash flow and prevent us from fulfilling our obligations

LEGAL AND REGULATORY RISKS

1. 13We may be affected by global climate change or legal, tax, regulatory, or market responses to such change
2. 14Because we are involved in litigation from time to time and are subject to numerous laws and governmental regulations, we could incur substantial judgments, fines, legal fees and other costs as well as reputational harm
3. 15Changes in legislation or government regulations or policies, particularly those relating to taxation and international trade, could have a significant impact on our results of operations

GENERAL RISKS

1. 16We are subject to risks related to corporate social responsibility and reputation
2. 17Our stock price is subject to fluctuations, and the value of your investment may decline