Graco Details Global Growth, Innovation and Safety Progress in Latest ESG Report
GracoGraco(US:GGG) Businesswire·2025-11-10 21:30

Core Insights - Graco Inc. has released its annual ESG report, highlighting strategic acquisitions, facility investments, and a focus on safety to drive growth and innovation [1][2]. Group 1: Strategic Initiatives - The company emphasizes a strengthened focus on global strategic alignment to achieve long-term sustainable growth [2]. - Graco has opened new facilities that represent modern manufacturing practices and aim to reduce environmental footprints [4]. - The appointment of a global environmental, health, and safety leader is intended to align global safety policies [4]. Group 2: Acquisitions and Innovations - Graco has acquired Corob S.p.A., a global leader in tinting, mixing, and dispensing systems, enhancing its product offerings [4]. - The company is committed to delivering products that help customers reduce material waste and improve efficiency, supporting cleaner technologies [2]. Group 3: Financial Performance - For the third quarter ended September 26, 2025, Graco reported net sales of $543.4 million, a 5% increase from $519.2 million in the same period the previous year [7]. - Operating earnings for the same quarter were $164.7 million, reflecting a 13% increase compared to $145.7 million in the prior year [7]. - Net earnings also saw a 13% increase, reaching $137.6 million, up from $122.2 million year-over-year [7].