On the 28th, Graco Inc. (NYSE: GGG ) presented its annual results before the market opened. It was down by -7% in pre-market trading, but the session was more relaxed and ended with a 2.8% drop. I have written about Graco a couple ofQuality Growth Investor. I have the simplest of tastes, I only like the best. Here I will analyze the companies in my investment universe. I am looking for the best businesses in the world in order to create a long term portfolio that can outperform the market.Analyst’s Disclosu ...

On Monday, January 27, 2024, Graco, Inc. (NYSE: GGG ) reported fourth quarter results for fiscal 2024 and the results were rather a disappointment. Following the earnings release, the stock declined by mid-single digits but recovered during the tradingMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regard ...

Graco Inc. (NYSE:GGG) Q4 2024 Earnings Conference Call January 28, 2024 11:00 AM ET Company Participants Chris Knutson - Vice President, Corporate Controller & Chief Accounting Officer Mark Sheahan - President, Chief Executive Officer & Director David Lowe - Chief Financial Officer & Treasurer Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Baird Saree Boroditsky - Jefferies Matt Summerville - D.A. Davidson Bryan Blair - Oppenheimer Joe Ritchie - Goldman Sachs Jeff Hammond - Ke ...

Graco Inc.’s (GGG) fourth-quarter 2024 adjusted earnings of 64 cents per share missed the Zacks Consensus Estimate of 76 cents. The bottom line declined 20% year over year.The company’s net sales of $548.7 million missed the consensus estimate of $554 million. The top line fell 3% year over year due to lower demand in the Industrial segment.On a regional basis, quarterly sales generated from the Americas decreased 1% year over year. In Europe, the Middle East and Africa, sales decreased 2% year over year. S ...

Graco Inc. (GGG) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $0.71, delivering a surprise of -6.58%.Over the last four quarters, the company has s ...

Exhibit 99.1 GRACO INC. P.O. Box 1441 Minneapolis, MN 55440-1441 NYSE: GGG FOR IMMEDIATE RELEASE: FOR FURTHER INFORMATION: $ in millions except per share amounts | | | | | Three Months | Ended | | | | | Twelve | Months Ended | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | Dec | 27, | Dec | 29, | % | | Dec | 27, | Dec | 29, | % | | | | | | 2024 | | 2023 | Change | | | 2024 | | 2023 | Change | | | Net Sales | | $ | 548.7 | $ | 566.6 | (3) | % | $ | 2,113.3 | $ ...

In its upcoming report, Graco Inc. (GGG) is predicted by Wall Street analysts to post quarterly earnings of $0.76 per share, reflecting a decline of 5% compared to the same period last year. Revenues are forecasted to be $552.15 million, representing a year-over-year decrease of 2.6%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Befo ...

It has been about a month since the last earnings report for Graco Inc. (GGG) . Shares have added about 8.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Graco due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Graco’s Earnings Miss Estimates in Q3, Sales Decline 4% ...

Graco Inc.’s (GGG) financial stability is challenged by weakness in the Industrial and Process segments. Elevated costs are putting a strain on the bottom line.Headquartered in Minneapolis, MN, Graco engages in designing, manufacturing and marketing equipment and systems used to measure, move, control, spray and dispense fluid as well as powder materials. The company offers equipment solutions for tough-to-handle materials with high viscosities, abrasive or corrosive properties and multiple component materi ...

Graco Inc (NYSE:GGG) Q3 2024 Results Conference Call October 24, 2024 11:00 AM ET Company Participants Chris Knutson - Executive VP, Corporate Controller & Principal Accounting Officer Mark Sheahan - President, CEO & Director David Lowe - CFO & Treasurer Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Baird Saree Boroditsky - Jefferies Matt Summerville - D.A. Davidson Jeff Hammond - KeyBanc Capital Markets Andrew Buscaglia - BNP Paribas Walter Liptak - Seaport Research Operato ...