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flag Genuine Parts, a global distributor of auto/industrial replacement parts, saw Q4 profit rise 27% to $316.9M, mainly due to the expanding industrial parts division.

flag Genuine Parts, a distributor of automotive and industrial replacement parts, reported a higher profit of $316.9 million in the fourth quarter, compared to $252 million in the previous year. flag The company's growth was driven by its industrial parts segment, offsetting softness in its automotive parts business. flag Diluted earnings per share (EPS) were $2.26, a 27.7% increase. flag The company also returned $788 million to shareholders through cash dividends and share repurchases.

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