Generac Holdings (GNRC) Tops Q1 EPS by 11c, Raises Outlook
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Generac Reports First Quarter 2018 Results
May 2, 2018 6:00 AM EDTWAUKESHA, 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.  Â
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