Graco Inc. Reports Record Q3 Sales of $586 Million and Provides Q4 Revenue Guidance
Graco Inc. (GGG) reported strong third-quarter financial results, achieving record sales of $586 million. This represents an 8% increase compared to the previous year, driven by a 4% organic growth rate. CEO Mark Sheahan highlighted the company's robust performance during the earnings call. Looking ahead, Graco has issued revenue guidance for the fourth quarter in the range of $610 million to $640 million. Additionally, the company noted strategic developments regarding ETM-ABB, which is targeting its first data center installations by the end of 2029.
Tickers: $GGG
Topics: earnings quarterly results revenue growth