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Noah Rohr

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  • 1 week ago | morningstar.com | David Swartz |Noah Rohr

    With a solid presence in the global automotive distribution industry and a footprint of more than 9,800 affiliated stores, narrow-moat Genuine Parts is well-suited to continue serving its professional customer base, in our view. About two thirds of Genuine’s automotive sales are derived from North America (primarily the United States) where we estimate the firm’s Napa Auto Parts brand boasts a mid-single-digit domestic share of the highly fragmented commercial automotive aftermarket.

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