Analysis of Graco's financial performance, including sales drop, gross margin, cash position, reinvestment rate, valuation, ...
Fluid and coating equipment company Graco (NYSE:GGG) in Q4 CY2024, with sales falling 3.2% year on year to $548.7 million.
Graco Inc.’s GGG fourth-quarter 2024 adjusted earnings of 64 cents per share missed the Zacks Consensus Estimate of 76 cents.
We are initiating a full year outlook for 2025 of low single-digit sales growth on an organic, constant currency basis,” said Sheahan.
Graco posted lower sales in the fourth quarter as it continued to experience slower demand across many end markets, and guided for low single-digit sales growth in 2025. Shares fall 6.9% to $80 in ...