Graco Reports Q1 Earnings with Sales Growth Amid Organic Decline
Graco Inc. (NYSE:GGG) reported Q1 sales of $540 million, up 2% year-over-year, driven by acquisitions and currency effects, but organic sales declined 6%. Net earnings fell 5% to $119 million, with adjusted EPS down 6% to $0.66. The company maintained its 2026 guidance and introduced new CFO Sanjiv Gupta.
Topics: Acquisitions CFO Appointment Currency Impact Earnings Guidance Margins Sales