Graco Inc.’s (GGG) third-quarter 2024 adjusted earnings of 71 cents per share missed the Zacks Consensus Estimate of 76 cents. The bottom line declined 8% year over year.The company’s net sales of $519.2 million missed the consensus estimate of $535 million. The top line fell 4% year over year due to lower demand in all the segments.On a regional basis, quarterly sales generated from the Americas increased 1% year over year. In Europe, the Middle East and Africa, sales decreased 2% year over year. Sales fro ...

For the quarter ended September 2024, Graco Inc. (GGG) reported revenue of $519.21 million, down 3.8% over the same period last year. EPS came in at $0.71, compared to $0.76 in the year-ago quarter.The reported revenue represents a surprise of -3.03% over the Zacks Consensus Estimate of $535.45 million. With the consensus EPS estimate being $0.76, the EPS surprise was -6.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Graco Inc. (GGG) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.58%. A quarter ago, it was expected that this company would post earnings of $0.76 per share when it actually produced earnings of $0.77, delivering a surprise of 1.32%.Over the last four quarters, the company has sur ...

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 September 27, 2024 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) | --- | --- | |----------------------------------------------- ...

Analysts on Wall Street project that Graco Inc. (GGG) will announce quarterly earnings of $0.76 per share in its forthcoming report, representing no change year over year. Revenues are projected to reach $536.25 million, declining 0.6% from the same quarter last year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a ...

Newell Brands Makes Pivotal Commitment to Sustainability through Kidsy's Recommerce Platform CHICAGO, Oct. 9, 2024 /PRNewswire/ -- Newell Brands (NASDAQ: NWL), a global leader in consumer goods and home to iconic baby brands like Graco® and Baby Jogger®, is partnering with Kidsy, a leading recommerce platform for children's products at a discount, to support sustainability efforts by keeping customer returns and overstock items out of landfills. Now, customers can find products from Graco® and Baby Jogger® ...

Graco Inc. (GGG) has failed to impress investors with its recent operational performance due to persistent weakness in the Industrial segment. Also, given the company's extensive international presence, foreign currency headwind is an added uncertainty. Graco is headquartered in Minneapolis, MN, and was founded in 1926. The company engages in designing, manufacturing and marketing equipment and systems used to measure, move, control, spray and dispense fluid as well as powder materials. Business Weakness: S ...

Graco Inc. (GGG) recently signed a definitive deal to purchase Corob S.p.A. for €230 million with additional contingent consideration of up to €30 million. Management expects the transaction to be completed in the fiscal fourth quarter, subject to the fulfillment of customary closing conditions. GGG's shares gained 2.3% yesterday to eventually close the trading session at $86.81. Inside the Headlines Based in San Felice sul Panaro, Italy, Corob is engaged in developing and manufacturing high-tech dispensing ...

Graco Inc. (GGG) recently announced its plan to shift to a new organizational structure to capitalize on growth opportunities and drive profitability and operational efficiency. The company expects to establish a marketoriented global structure that will enable it to enter lucrative markets, strengthen its long-term position and boost growth. GGG's shares inched down 0.2% yesterday, ending the trading session at $83.71. Inside the Headlines Effective Jan. 1 next year, the company will reorganize its operati ...

A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla., Sept. 06, 2024 (GLOBE NEWSWIRE) -- It's no secret that parents prioritize two things above all else: comfort and safety for their children. Finding the perfect balance is crucial, especially when it comes to car seats. As we approach Baby Safety Month, Graco® is reminding us of the importance of safety and thoughtful design. Their Graco ProtectPlus Engineered™ car seats undergo rigorous testing to ensure the ...