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Graco(GGG) - 2025 Q1 - Earnings Call Transcript
2025-04-24 19:37
Graco Inc. (NYSE:GGG) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Chris Knutson - Vice President, 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 Bryan Blair - Oppenheimer Jeff Hammond - KeyBanc Capital Markets Andrew Buscaglia - BNP Paribas Exane Walter Liptak ...
Graco(GGG) - 2025 Q1 - Earnings Call Presentation
2025-04-24 16:31
2025.04.24 FIRST QUARTER EARNINGS CALL SAFE HARBOR Today's presentation includes forward-looking statements that reflect management's current expectations about the Company's future business and financial performance. These statements are subject to certain risks and uncertainties that could cause actual results to differ from anticipated results. Factors that could cause actual results to differ from anticipated results are identified in Item 1A of the Company's Form 10-K, and Item 1A of the most recent Qu ...
Graco's Earnings Beat Estimates in Q1, Sales Increase 7% Y/Y
ZACKS· 2025-04-24 15:55
Graco Inc.’s (GGG) first-quarter 2025 adjusted earnings of 70 cents per share beat the Zacks Consensus Estimate of 68 cents. The bottom line increased 8% year over year.The company’s net sales of $528.3 million beat the consensus estimate of $525 million. The top line increased 7% year over year due to higher demand in all the segments.On a regional basis, quarterly sales generated from the Americas increased 5% year over year. In Europe, the Middle East and Africa, sales increased 9% year over year. Sales ...
Graco (GGG) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-24 00:05
For the quarter ended March 2025, Graco Inc. (GGG) reported revenue of $528.28 million, up 7.3% over the same period last year. EPS came in at $0.70, compared to $0.65 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $524.82 million, representing a surprise of +0.66%. The company delivered an EPS surprise of +2.94%, with the consensus EPS estimate being $0.68.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...
Graco Inc. (GGG) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-23 22:20
Graco Inc. (GGG) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.94%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $0.64, delivering a surprise of -15.79%.Over the last four quarters, the company has su ...
Graco(GGG) - 2025 Q1 - Quarterly Report
2025-04-23 20:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 28, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-09249 GRACO INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 88 ...
Graco Introduces Improved QUANTM Electric Double Diaphragm Pumps
ZACKS· 2025-04-08 17:15
Graco Inc. (GGG) recently unveiled an expansion to the QUANTM Electric Double Diaphragm (EODD) Pumps portfolio. This product is used for various industrial and hygienic applications in modern factories.The new EODD pump features an XTREME TORQUE motor, which reduces the product’s size and weight. It also comes with an added 480V power range, which lowers the operating cost and can be swapped in place of older pumps without requiring any major changes.The GGG solution can save approximately 80% of energy and ...
Here's Why It is Appropriate to Retain Graco Stock Right Now
ZACKS· 2025-03-26 15:55
Core Viewpoint - Graco Inc. is experiencing growth driven by improving order rates, product innovations, and strategic acquisitions, alongside efforts to enhance shareholder value [1][3]. Group 1: Growth Catalysts - Product Innovation: Graco has launched several new products in 2024, including the PowerShot XT electronic-powered airless paint gun and the Stellair ACE, contributing positively to its performance. In 2023, the company introduced the InvisiPac HM10 hot melt adhesive dispense system and other innovative products [4][5]. - Acquisitions: The acquisition of Corob S.p.A. in November 2024 and PCT System in August 2024 has strengthened Graco's product offerings and market presence, particularly in the paint and coating machinery and semiconductor markets [6]. - Shareholder Rewards: In 2024, Graco paid $172.1 million in dividends, an increase of 8.7% year over year, and repurchased shares worth $31.4 million. The quarterly dividend was raised by 7.8% to 27.5 cents per share [7]. Group 2: Headwinds - Business Weakness: The company faces challenges in its Industrial segment due to reduced demand for sealants and adhesives in China, as well as decreased demand for semiconductor products in EMEA and Asia Pacific. The Contractor segment is also struggling due to softness in the U.S. housing and remodeling markets [8]. - High Costs: Graco is dealing with increased selling, marketing, and distribution costs, which rose by 5% and 11.6% year over year in 2024. These costs have also increased as a percentage of net sales, with selling and marketing costs up by 110 basis points and general and administrative expenses up by 130 basis points [9].
Graco (GGG) Up 4.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-02-26 17:35
A month has gone by since the last earnings report for Graco Inc. (GGG) . Shares have added about 4.1% 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 catalysts. Graco’s Earnings Miss Estimates in Q4, Sales Decline 3% Y/Y ...
Here's What Key Metrics Tell Us About Graco (GGG) Q4 Earnings
ZACKS· 2025-02-18 22:00
For the quarter ended December 2024, Graco Inc. (GGG) reported revenue of $548.67 million, down 3.2% over the same period last year. EPS came in at $0.64, compared to $0.80 in the year-ago quarter.The reported revenue represents a surprise of -0.99% over the Zacks Consensus Estimate of $554.15 million. With the consensus EPS estimate being $0.76, the EPS surprise was -15.79%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...