Core Insights - Generac Holdings Inc. reported strong first-quarter results for 2025, driven by robust growth in residential product sales and improved gross margins, leading to adjusted EBITDA exceeding expectations [3][4][6] - The company is confident in its long-term strategy despite near-term uncertainties related to trade policies and macroeconomic conditions, and it is implementing measures to mitigate tariff impacts [3][13] Financial Performance - Net sales increased by 6% to $942 million compared to $889 million in the prior year, with residential product sales rising approximately 15% to $494 million [6][39] - Gross profit margin improved to 39.5% from 35.6% in the prior year, primarily due to a favorable sales mix and lower input costs [4][10] - Operating expenses rose by $38.8 million, or 15.6%, driven by higher employee costs, increased marketing spend, and ongoing expenses from recent acquisitions [5] Income Metrics - Net income attributable to the company was $44 million, or $0.73 per share, compared to $26 million, or $0.39 per share, in the same period of 2024 [6][34] - Adjusted net income attributable to the company was $75 million, or $1.26 per share, up from $53 million, or $0.88 per share, in the first quarter of 2024 [6][43] - Adjusted EBITDA was $150 million, representing 15.9% of net sales, compared to $127 million, or 14.3% of net sales, in the prior year [6][41] Cash Flow and Share Repurchase - Cash flow from operations was $58 million, down from $112 million in the prior year, while free cash flow decreased to $27 million from $85 million [8][48] - The company repurchased 716,685 shares for approximately $97 million during the quarter, with $250 million remaining under the current repurchase program [6][8] 2025 Outlook - The company updated its full-year 2025 net sales growth guidance to a range of 0% to 7%, down from the previous range of 3% to 7%, reflecting potential impacts from tariffs and lower shipment volumes [6][14] - Adjusted EBITDA margin is now expected to be between 17.0% and 19.0%, compared to the previous guidance of 18.0% to 19.0% [15] - The company anticipates strong free cash flow conversion from adjusted net income between 70% to 90% for the full year [16]

Core Viewpoint - Generac Holdings Inc. is set to report its first-quarter 2025 results on April 30, with expectations of revenue growth driven by strong residential product sales, despite challenges in the commercial and industrial (C&I) segment [1][3][4]. Group 1: Financial Performance Expectations - The Zacks Consensus Estimate for first-quarter revenues is $918.7 million, reflecting a 3.3% increase year-over-year, while earnings are estimated at 99 cents per share, up 12.5% year-over-year [1]. - Generac has consistently beaten the Zacks Consensus Estimate in the past four quarters, with an average earnings surprise of 14.2% [2]. - The company's shares have declined 17.8% over the past year, compared to a 9.3% loss in the Zacks Manufacturing-General Industrial industry [2]. Group 2: Key Factors Influencing Performance - The residential segment, particularly home standby generators, is expected to be a significant growth driver, with a 28% year-over-year increase in residential product sales in Q4 2024, reaching $743 million [3]. - Demand for Generac's products has been bolstered by extreme weather events leading to power outages, with 2024 recording the highest number of outage hours since 2010 [4]. - The first quarter typically sees less impact from hurricanes, but unexpected severe weather could positively influence sales [4]. Group 3: Product Developments and Market Position - Generac's expansion into the data center market with new high-capacity generators (2.25 MW to 3.25 MW) is aimed at meeting rising electricity needs and enhancing reliability [11]. - The ecobee smart thermostat line is gaining traction, with the launch of the Smart Thermostat Essential expected to contribute to top-line growth [12]. - The introduction of the 28kW home standby generator model enhances Generac's product offerings, providing a comprehensive home energy solution [13]. Group 4: Segment Performance Insights - The Zacks Consensus Estimate for residential products' revenues is $483.5 million, while C&I products' revenues are estimated at $324.6 million [8]. - There is concern over prolonged weakness in C&I revenues, with expectations of flat year-over-year sales and a high single-digit decline in the first quarter [7].

All-new Vanquish Autonomous is designed to improve productivity and profitabilityWAUKESHA, Wis., April 28, 2025 /PRNewswire/ -- Mean Green, a leading battery-powered, commercial-grade turf care manufacturer and a Generac Power Systems (NYSE: GNRC) company, today announced the expansion of its commercial-grade electric mower lineup with its all-new Vanquish Autonomous. Mean Green Vanquish Autonomous The world's first commercial-electric stand-on autonomous mower is built for the crews that never stop pu ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Generac Holdings (GNRC) , which belongs to the Zacks Manufacturing - General Industrial industry.When looking at the last two reports, this generator maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 12.82%, on average, in the last two quarters.For the last reported quarter, Generac Holdings came out with ...

Core Viewpoint - Generac Holdings Inc. is set to release its first quarter 2025 financial results on April 30, 2025, with a conference call scheduled for 10:00 a.m. EDT to discuss the earnings highlights [1]. Company Overview - Generac is a total energy solutions company founded in 1959, recognized as a leading global designer, manufacturer, and provider of energy technology solutions [3]. - The company offers a wide range of products including power generation equipment, energy storage systems, and energy management devices, catering to residential, light commercial, and industrial markets [3]. - Generac pioneered the affordable backup generator and established the automatic home standby generator category, continuing to expand its energy technology offerings to promote resilient, efficient, and sustainable energy solutions [3]. Conference Call Details - A webcast of the upcoming conference call will be accessible via a specific link and will also be available on Generac's website under the Investor Relations section [2]. - Following the live event, a replay of the conference call will be made available on the company's website [2].

Generac Holdings (GNRC) shares ended the last trading session 12.5% higher at $114.65. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 22.4% loss over the past four weeks.The increase in share price can attributed to President Trump’s announcement of a 90-day pause on reciprocal tariffs, barring China. This led to skyrocketing indices and subsequent increases for most stocks including Generac. Apart from that, the ...

Generac Holdings Inc. (GNRC) recently expanded its robust portfolio with a new range of high-capacity generators specifically designed for the data center market. As the aging power grid faces mounting challenges from more extreme weather and increasing energy consumption, the company has been steadily shifting its focus toward serving commercial and industrial markets. With decades of experience powering hospitals, telecom operators and large-scale facilities, Generac is leveraging its deep expertise to me ...

Core Insights - Generac Holdings, Inc. has introduced a new lineup of five generators specifically designed for the data center market, enhancing its energy solutions portfolio [1][2] - The new generators range from 2.25 MW to 3.25 MW, aimed at supporting high-capacity applications and integrating into energy ecosystems [3][5] - The company emphasizes its expertise in providing reliable backup power for critical businesses, including data centers, and has made strategic acquisitions to bolster its market position [5][6] Product Features - Key features of the new generators include packaging and aftertreatment solutions, high ambient temperature capabilities, and low NOx emissions [4][6] - The generators utilize advanced technologies such as Baudouin M55 engines and Deep Sea G8601 Controllers, designed for mission-critical applications [6] - Generac's Modular Power Systems (MPS) enhance reliability and scalability by integrating multiple generators, providing flexible and expandable power solutions [6] Market Context - The demand for data centers is rapidly increasing due to the growth of AI and rising energy needs, prompting Generac to focus on commercial and industrial markets [5][6] - The company aims to address challenges posed by an aging power grid and severe weather conditions, positioning itself as a reliable partner for backup power solutions [5][6] - Generac's differentiated supply chain allows for shorter lead times and faster deployment, catering to the dynamic needs of the data center market [7]

Awards across its generator portfolio reflect the company's dedication to innovative design and product engineeringWAUKESHA, Wis., March 27, 2025 /PRNewswire/ -- Generac Holdings, Inc. (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, has been recognized with GOOD DESIGN Awards in 2024 for the Generac XG04045 Liquid-Cooled Home Standby Generator and the Generac GP7500E Dual Fuel Portable Generator.GOOD DESIGN, the world's longest runn ...

Core Points - WillScot Holdings Corporation announced the retirement of current Chairman Erik Olsson at the 2025 Annual Meeting, with Worthing Jackman set to be appointed as the new non-executive, independent Chairman [1][2][3] - Dominick (Nick) Zarcone has been nominated to stand for election to the Board, marking the fourth new independent director added in the past three years, bringing significant executive leadership and finance expertise [1][2][4] - The company aims to achieve free cash flow of $4 to $6 per share in the next three to five years, supported by a portfolio of growth levers and operational enhancements [2][3] Company Overview - WillScot is a leading provider of innovative temporary space solutions in North America, offering a comprehensive range of products including modular office complexes, mobile offices, and portable storage containers [8] - The company operates approximately 260 branch locations across the United States, Canada, and Mexico, serving diverse customer segments across various sectors of the economy [8] Leadership Background - Nick Zarcone previously served as President & CEO of LKQ Corporation and has extensive experience in finance and corporate governance [4][5] - Worthing Jackman has a strong background in waste management services and investment banking, and he is recognized as a Qualified Financial Expert [6][7]