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Graco (GGG) Reports Q1 Earnings: What Key Metrics Have to Say
GracoGraco(US:GGG) ZACKSยท2025-04-24 00:05

Core Insights - Graco Inc. reported revenue of $528.28 million for the quarter ended March 2025, reflecting a year-over-year increase of 7.3% and exceeding the Zacks Consensus Estimate by 0.66% [1] - The company's EPS for the quarter was $0.70, up from $0.65 in the same quarter last year, also surpassing the consensus estimate of $0.68 by 2.94% [1] Financial Performance Metrics - Contractor net sales reached $255.03 million, a 10.9% increase year-over-year, but fell short of the average estimate of $259.10 million [4] - Expansion Markets net sales were reported at $41.60 million, exceeding the average estimate of $38.83 million [4] - Industrial net sales amounted to $231.65 million, representing a significant year-over-year increase of 63.2%, surpassing the estimated $227.10 million [4] - Operating earnings for Contractor were $61.93 million, below the average estimate of $70.37 million [4] - Unallocated corporate expenses were reported at -$7.58 million, better than the average estimate of -$9.18 million [4] - Operating earnings for Expansion Markets were $10.07 million, exceeding the average estimate of $7.88 million [4] - Industrial operating earnings were $79.60 million, above the estimated $74.93 million [4] Stock Performance - Graco's shares have returned -6.3% over the past month, slightly outperforming the Zacks S&P 500 composite's -6.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]