Graco Inc. (GGG) is benefiting from strength across its Industrial and Expansion Markets segments, improving order rates, product innovations and accretive acquisitions. The company's efforts to reward its shareholders handsomely add to its appeal.Headquartered in Minneapolis, MN, Graco is engaged in designing, manufacturing and marketing equipment and systems used to measure, move, control, spray and dispense fluid as well as powder materials. The company provides equipment solutions for materials with hig ...

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 ...

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 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 ...

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) 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 ...

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 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 ...

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].

Core Insights - Graco Inc. reported a decline in earnings and sales in its fourth quarter of 2024, with adjusted earnings of 64 cents per share missing estimates by 12 cents and a 20% year-over-year decline [2] - The company's net sales of $548.7 million also fell short of expectations, decreasing 3% year-over-year due to lower demand in the Industrial segment [2] Financial Performance - The Americas region saw a 1% decrease in sales year-over-year, while Europe, the Middle East, and Africa experienced a 2% decline, and the Asia Pacific region faced a 10% drop [3] - In the Industrial segment, net sales totaled $165.7 million, down 14% year-over-year, while the Process segment remained flat at $136.1 million [4] - The Contractor segment reported net sales of $246.9 million, up 3% year-over-year, although core sales decreased by 3% [5] - Graco's cost of sales increased by 1% to $269.4 million, leading to a 7% decrease in gross profit to $279.3 million and a decline in margin by two percentage points [6] - Operating income fell 23% year-over-year to $130 million, with the operating margin decreasing by 6.3 percentage points [7] Balance Sheet and Cash Flow - At the end of the fourth quarter, Graco had cash and cash equivalents of $675.3 million, an increase from $538 million at the end of 2023 [8] - The company generated net cash of $621.7 million from operating activities in 2024, down from $651 million in the previous year [8] - Capital expenditures for property, plant, and equipment were $106.7 million, significantly lower than $184.8 million in the year-ago period [8] Shareholder Returns - Graco paid out dividends totaling $172.1 million, an increase of 8.7% from the previous year, and repurchased shares worth $31.4 million [9] Future Outlook - The company anticipates organic net sales growth in the low single digits on a constant-currency basis for 2025 [10] - Recent estimates for Graco have been trending downward, indicating a cautious outlook [11][13]