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Generac Expands Energy Storage Solutions with Acquisition
Prnewswire· 2024-06-27 11:45
"This acquisition supports our commitment to offer a more complete ecosystem of products and solutions to domestic commercial & industrial customers, empowering them to achieve their energy objectives with a strong emphasis on resilience, efficiency and sustainability," said Aaron Jagdfeld, president and CEO of Generac. About SunGrid Solutions Forward-looking Information uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Any such forward-looking ...
Generac (GNRC) Rises 30.8% in a Year: Will the Rally Continue?
zacks.com· 2024-05-23 14:35
Generac Holdings Inc. (GNRC) is continuing its upward trajectory, with a gain of 30.8% in the past year compared with the S&P 500 composite's growth of 29.1%. The sub-industry has declined 24.2% over the same time frame. Headquartered in Waukesha, WI, Generac is a leading manufacturer of backup and prime power generation systems for residential and C&I applications, solar and battery storage solutions, advanced power grid software platforms and services, energy management devices and controls, and engine an ...
Generac's (GNRC) Subsidiary Mean Green Launches Electric Mower
zacks.com· 2024-05-21 17:26
Generac Holdings' (GNRC) subsidiary Mean Green has unveiled the latest addition to the commercial-grade electric mower lineup — the EVO 96. The EVO 96 is available for order at Mean Green dealers nationwide. The new mower is the largest electric zero-turn mower in the world, added the company. It is designed for efficient mowing of large areas like golf courses, parks, and sports fields. The mower can reach speeds of up to 13 mph, and the Heavy-duty Impulse Drive System ensures industry- leading performance ...
Mean Green Introduces the World's Largest Electric Zero-Turn Mower
prnewswire.com· 2024-05-20 11:30
Mean Green Introduces the World's Largest Electric Zero-Turn MowerMean Green Introduces the World's Largest Electric Zero-Turn Mower The EVO 96 is the first wide-area lithium-powered commercial electric mower to feature a 96" mulching rear discharge deck with electronic folding wings that reduce the mower's width to 72.5" for easy loading and transport. The deck also includes baffles that result in 80% of grass clippings being mulched and 20% being discharged out the rear of the deck, creating a clean and e ...
Generac Expands Responsibilities of Shree Dandekar to Lead Corporate Engineering and Product Management
Prnewswire· 2024-05-13 11:30
WAUKESHA, Wis., May 13, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced that Shree Dandekar, executive vice president of Corporate Engineering at Generac, will assume leadership responsibilities for Corporate Engineering and Product Management. Dandekar will report to Generac president and CEO Aaron Jagdfeld. He replaces Patrick Forsythe, Chief Technical Officer, who will be ...
Generac Powers Ahead on the Electrification Mega-Trend
MarketBeat· 2024-05-08 15:43
Key PointsGenerac owns a 70% market share in the backup power generation industry.Generac will gain from mega-trends like the Grid 2.0, clean energy, climate change, and the home as a sanctuary.Q1 2024 gross profit margins improved to 35.6%, up from 30.7% in the year-ago period, attributed to lower input costs, favorable sales mix, and production efficiencies.5 stocks we like better than GeneracGenerac Holdings Inc. NYSE: GNRC is attempting to recover from its Q1 2024 earnings selloff. The computer and tech ...
Generac (GNRC) - 2024 Q1 - Quarterly Report
2024-05-07 20:09
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 31, 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 001-34627 GENERAC HOLDINGS INC. (Exact name of registrant as specified in its charter) (Former name, former address and former ...
3 Value Stocks You Can Buy Before They Become Big
MarketBeat· 2024-05-06 12:01
Key PointsA value stock is a share in a company considered to be underpriced based on its fundamentals that offers the potential for substantial growth.With their unique products, high profit margins, and strong returns on capital, three companies today are showing signs of becoming value plays: Generac Holdings, Southwest Airlines, and Sprouts Farmers Market.Despite various challenges, these companies maintain their investment appeal through strategic financial management and market niche exploitation.5 st ...
Record Breaking Atlantic Hurricane Season Looms - Are People Ready?
Prnewswire· 2024-05-06 11:30
Generac Urges Americans to Prepare for Power Outages Early Recent Generac/Harris Poll survey provides insights into preparedness for widespread power outages* 36% of Americans have medical devices powered by electricity that they or someone in their home use daily More than half of Americans (52%) would only have enough food in their home for 1-2 days if there was a widespread power outage in their area 77% of pet owners would risk their own comfort to stay home with pets during extended power outages WAU ...
Generac (GNRC) - 2024 Q1 - Earnings Call Transcript
2024-05-01 18:13
Generac Holdings Inc. (NYSE:GNRC) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Kris Rosemann - Senior Manager-Corporate Development and Investor Relations Aaron Jagdfeld - President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. George Gianarikas - Canaccord Genuity Michael Halloran - Robert W. Baird & Co. Jeffrey Hammond - KeyBanc Capital Markets Inc. Brian Drab - William Blair & Co. Jerry Revich - Go ...