Quarterly ResultApr 22, 2026, 04:17 PM
Graco Q1 2026 Net Sales Up 2.2% to $540.1M, Net Earnings Down 4.5%
AI Summary
Graco Inc. reported its first-quarter 2026 financial results, showing a modest increase in net sales and gross profit but a decline in net earnings and diluted earnings per share. Net sales grew 2.2% to $540.1 million, while gross profit increased to $280.6 million. However, operating earnings decreased by 4.3% to $137.8 million, and net earnings fell 4.5% to $118.5 million compared to the same period last year. Diluted EPS also saw a slight dip from $0.72 to $0.70.
Key Highlights
- Net Sales increased 2.2% to $540.1 million for Q1 2026.
- Gross Profit rose to $280.6 million from $277.7 million year-over-year.
- Net Earnings decreased 4.5% to $118.5 million.
- Diluted EPS fell to $0.70 from $0.72 in the prior year quarter.
- Operating Earnings declined to $137.8 million from $144.0 million.