Generac (GNRC) leads S&P 500 after reporting strong third quarter results

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Generac Reports Third Quarter 2023 Results

November 1, 2023 6:00 AM EDT

WAUKESHA, Wis., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (Generac or the Company), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2023 and provided an update on its outlook for the full year 2023.

Third Quarter 2023 Highlights

Net sales decreased 2% to $1.07 billion during the third quarter of 2023 as compared to $1.09 billion in the prior-year third quarter. Core sales growth, which excludes both the impact of acquisitions and foreign currency, decreased... More