Graco Reports Record Quarterly Sales and Operating Earnings
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Graco (GGG) Tops Q4 EPS by 10c, Revenues Beat
January 25, 2021 4:18 PM ESTGraco (NYSE: GGG) reported Q4 EPS of $0.61, $0.10 better than the analyst estimate of $0.51. Revenue for the quarter came in at $470.3 million versus the consensus estimate of $426.52 million.
Sales increased by 14 percent in the quarter, led by double-digit sales growth in the Contractor segment and Asia Pacific region.Gross profit margin rate for the quarter increased due to strong realized pricing, improved sales volume... More