Generac Holdings (GNRC) Tops Q1 EPS by 11c, Raises Outlook

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Go back to Generac Holdings (GNRC) Tops Q1 EPS by 11c, Raises Outlook

Generac Reports First Quarter 2018 Results

May 2, 2018 6:00 AM EDT

WAUKESHA, Wis., May 02, 2018 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (Generac or the Company), a leading global designer and manufacturer of power generation equipment and other engine powered products, today reported financial results for its first quarter ended March 31, 2018.    

First Quarter 2018 Highlights

Net sales increased organically 20.3% to $397.6 million during the first quarter of 2018 as compared to $330.5 million in the prior-year first quarter.  Core sales growth, which also excludes the impact of foreign currency, was approximately 17%.    Gross profit margin improved 230 basis points to 35.2% as compared to 32.9% in... More