Graco: Not A Good Investment After Disappointing Q4 Earnings

On Monday, January 27, 2024, Graco, Inc. (NYSE: GGG ) reported fourth quarter results for fiscal 2024 and the results were rather a disappointment. Following the earnings release, the stock declined by mid-single digits but recovered during the tradingMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regard ...