Graco Reports Q1 2026 Earnings Results
Graco (GGG) reported first quarter 2026 sales of $540 million, a 2% increase from the same quarter last year, driven by acquisitions and currency translation, but offset by a 6% decline in organic sales. Net earnings were $119 million, down 5% year-over-year, with adjusted earnings per share at $0.66, down 6%. The company faced challenges including higher product costs from tariffs and lower factory volume.
Tickers: $GGG
Topics: Acquisitions Earnings Call Financial Results Gross Margin Net Earnings Operating Expenses Sales Growth Tariffs