Graco

Graco, Inc. is a manufacturing company, which designs, manufactures and markets systems and equipment used to move, measure, control, dispense and spray fluid and powder materials. It operates through the following segments: Industrial, Contractor and Process. The Industrial segment includes the Applied Fluid Technologies and Industrial Products divisions. It markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives, and other fluids. The Process segment markets pumps, valves, meters, and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants, and other fluids. The Contractor segment equipment includes sprayers that apply texture to walls and ceilings, highly viscous coatings to roofs and markings on roads, parking lots, athletic fields and floors. The company was founded by Russell Gray and Leil Gray in April 1926 and is headquartered in Minneapolis, MN.

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Graco reports record Q4 sales, eyes growth in China and semiconductors

Graco's strong performance in Q4 2022 showcased record sales and earnings growth, driven by solid industrial and process segment results. Despite challenges from currency rates and margin pressures, Graco remains optimistic about growth opportunities in 2023, particularly in China and semiconductor markets.

Graco reports strong Q1 earnings, eyes growth amid market challenges

Graco Inc.'s Q1 2023 earnings call showcased robust financial performance, marked by revenue growth, margin improvement, and strong cash generation. The company's diversified segments performed well, with organic sales up 10% and record earnings achieved.
While challenges in managing operating expenses and supply chain improvements persist, Graco's strengths in sustaining margins, efficient cash generation, and positive outlook for organic revenue growth position it well for the future.
By capitalizing on segment growth opportunities, maintaining financial stability, and navigating market challenges with agility, Graco demonstrates resilience and adaptability in driving continued success and market expansion.

Graco (GGG) reports solid Q2 earnings and growth opportunities

Graco's Q2 2023 performance reflects steady growth in sales and earnings, driven by strong margins and operational efficiency. Despite challenges in certain segments, the company is focused on leveraging growth opportunities and maintaining financial discipline.
With a strategic focus on new product launches, inventory optimization, and pricing strategies, Graco aims to sustain its positive momentum and drive margin expansion. The company's commitment to debt reduction and sustainable growth bodes well for its future prospects.
Investors can look forward to continued organic growth, stable pricing, and innovative product offerings from Graco, positioning the company for long-term success in diverse market segments.

Graco reports resilient Q3 earnings, eyes growth amid segment challenges

Graco Inc. delivered a mixed performance in Q3 2023 with sales decline offset by increased net earnings.
Strong margins and cash flow position the company well for strategic initiatives and shareholder returns.
Segment performance varied, with Process segment showing growth and Contractor segment facing challenges.
Emphasis on innovation, new product launches, and strategic investments highlight Graco's proactive stance.

Graco reports solid Q4 performance, eyes growth through innovation

Graco's Q4 performance showed sales growth, margin improvement, and increased cash flow, despite some challenges in certain segments and cost projections for 2024.
Strengths lie in record earnings, market responsiveness, and strategic investments, while challenges include cost pressures and managing backlog.
Opportunities for growth include revenue guidance, new product launches, and leveraging strong relationships for continued success.
Overall, Graco's focus on innovation, market agility, and gratitude for stakeholders position them well for future growth and profitability.

Graco Inc. reports Q1 revenue decline, eyes growth opportunities

Graco Inc. navigated challenges of revenue declines and margin pressures in Q1. Despite market headwinds, the company showed resilience with operational efficiency and positive market performance in Europe. Strategic focus on new product launches and market expansion presents opportunities for future growth.

Graco reports mixed Q2 results, eyes growth through acquisitions

Graco's Q2 performance showed mixed results with revenue decline but improved earnings and margins. While facing challenges in certain regions and segments, the company remains optimistic about growth opportunities through acquisitions and new product launches.

Graco reports Q3 sales decline, eyes growth through acquisitions and operational restructuring

Graco faced challenges with lower sales and earnings, driven by increased operating expenses, but showed strength in improving gross margin and making strategic acquisitions. The company's move to a customer-centric structure and positive order rate growth signal opportunities for future growth despite maintaining a full-year revenue decline guidance.

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Graco, Inc. is a manufacturing company, which engages in the design, manufacture, and sale of systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials. It operates through the following segments: Industrial, Process, and Contractor. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives, and other fluids. The Process segment includes pumps, valves, meters, and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants, and other fluids. The Contractor segment offers sprayers that apply texture to walls and ceilings, and highly viscous coatings to roofs and markings on roads, parking lots, athletic fields, and floors. The company was founded by Russell Gray and Leil Gray in April 1926 and is headquartered in Minneapolis, MN.

Graco Inc.(GGG) CEO Pat McHale on Q1 2021 Results - Earnings Call Transcript

Graco's (GGG) first-quarter earnings reflect gains from healthy sales generation on the back of solid Contractor and Industrial business segments. Improved margins and forex pose tailwinds.

Graco (GGG) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Graco Inc. (GGG) delivered earnings and revenue surprises of 16.00% and 5.25%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Graco Inc. (GGG) Q1 Earnings and Revenues Top Estimates

Shares of Graco (NYSE:GGG) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 52.63% year over year to $0.58, which beat the estimate of $0.50.

Graco: Q1 Earnings Insights

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 26, 2021. Summary $ in millions except per share amounts   Three Months Ended   Mar 26, 2021   Mar 27, 2020   % Change Net Sales $ 454.1     $ 373.6     22 % Operating Earnings 128.3     89.8     43 % Net Earnings 105.7     72.8     45 % Diluted Net Earnings per Common Share $ 0.61     $ 0.42     45 %             Adjusted (non-GAAP): (1)           Net Earnings, adjusted $ 101.6     $ 6

Graco Reports Record First Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, is proud to announce the launch of the new TapeLazerTM HP Automatic traffic tape applicator. Since the introduction of the LineLazer line striper in 1990, Graco has continued the tradition of innovation with the new TapeLazer HP Automatic system. Graco has combined key features from the LineLazer V line stripers with groundbreaking new technology to make traffic tape applications faster and

Graco Launches New Traffic Tape Striping Solution

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its First Quarter 2021 earnings after the New York Stock Exchange closes Wednesday, April 21, 2021. A full text copy of the earnings announcement will be available on the Company's website at www.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the results at 11 a.m. ET / 10 a.m. CT on Thursday, April 22, 2021. A rea

Graco Inc. Announces First Quarter 2021 Earnings Conference Call

Graco (GGG) is poised to benefit from solid portfolio of products, investments in product innovation and capacity expansion, and shareholder-friendly policies.

Here's Why You Should Consider Investing in Graco (GGG) Now

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Graco Inc. (GGG) reported earnings 30 days ago. What's next for the stock?

Graco Inc. (GGG) Down 7.2% Since Last Earnings Report: Can It Rebound?

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announced today that Mark W. Sheahan has been appointed President and Chief Executive Officer of the Company effective June 10, 2021. He succeeds Patrick J. McHale who, on Feb. 11, 2021, submitted his notice of intent to retire from the Company. Mr. McHale will step down from his CEO and board positions on June 10, 2021, but will remain employed by the Company through Sept. 15, 2021 to assis

Patrick J. McHale to Retire as Graco's President & CEO

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announces the launch of its Voltex™ Dynamic Mix Valve. Designed for dispensing two-component foaming urethanes and silicones, the Voltex Dynamic Mix Valve provides uniform and consistent blending of difficult to dispense materials for various applications. This valve is especially applicable to emerging applications in electric vehicle (EV) battery such as foam encapsulation. “We are excited

Graco Announces New Voltex Dynamic Mix Valve

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, announces it has purchased approximately 100 acres of undeveloped land in Dayton, Minnesota. The parcels, which are part of the French Lake Industrial Center, are flanked by West French Lake Road to the north and east, and Brockton Lane North to the west. Graco, headquartered in Minneapolis, also operates facilities in Anoka and Rogers, Minnesota as well as around the world. The Dayton campu

Graco Finalizes Purchase of Land in Dayton, Minnesota

Graco's (GGG) fourth-quarter earnings reflect benefits from sales growth on the back of Industrial and Contractor segments as well as improvements in margins.

Graco (GGG) Earnings Beat Estimates in Q4 on Solid Sales

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Graco's (GGG) CEO Pat McHale on Q4 2020 Results - Earnings Call Transcript

Shares of Graco (NYSE:GGG) increased 0.32% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 27.08% year over year to $0.61, which beat the estimate of $0.51.

Recap: Graco Q4 Earnings

Graco (NYSE:GGG) announces its next round of earnings this Monday, January 25. Here is Benzinga's look at Graco's Q4 earnings report.

Graco Earnings Preview

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MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, is proud to introduce the new SaniSpray HPTM 20 Cordless Electrostatic Airless ProPack System that includes the most powerful airless and electrostatic spraying capabilities for the ultimate flexibility and portability to quickly handle every disinfecting job. Graco has responded to increased disinfecting protocols by incorporating its industry-leading airless and electrostatic technologies

Graco Launches Highest-Powered Electrostatic Airless Disinfectant Sprayer

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, has launched Intelligent Paint Kitchen (IPK) control for pneumatic pumps and agitators. The advancement extends remote management to industrial paint supply and circulation systems with all types of finishing equipment. “The Intelligent Paint Kitchen used to be limited to electric pumps,” said Blake Erickson, Graco Product Marketing Manager for the Industrial Products Division. “Layering on

Graco Launches Intelligent Control for Pneumatic Pumps and Agitators

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