Graco (GGG) Stock

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a top maker of fluid handling equipment, has published its third environmental, social, and governance (ESG) report. This report emphasizes Graco's dedication to being transparent, responsible, and improving in areas like product development, operations, workplace environment, and community contributions. It also showcases the growing range of electrically powered products that Graco is introducing.

Graco Inc. (NYSE:GGG), a top manufacturer of fluid handling equipment, has released unaudited financial information on its "For Investors" page at www.graco.com. This information updates the company's historical segment financial data to align with its new organizational structure. Starting January 1, 2025, Graco will categorize its business into three main segments: Contractor, Industrial, and Expansion Mar.

GGG's plans to reward shareholders with dividends and share buybacks look promising. These actions could benefit investors in the future.

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc.'s Board of Directors has announced a regular quarterly dividend of 27.5 cents ($0.275) per common share, which is a 7.8 percent increase. This dividend will be paid on February 5, 2025, to shareholders who are on record as of January 20, 2025. Graco Inc. has around 169.3 million shares in circulation and provides technology and knowledge for managing fluids and coatings in various industries.

Graco (GGG) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

In the third quarter of 2024, GGG experienced a 4% drop in sales compared to the same period last year, mainly because of reduced demand across all its sectors.

The financial results for Graco (GGG) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

GGG is facing challenges due to poor performance in the sealants and adhesives sector and rising operating expenses. Additionally, unfavorable changes in foreign currency exchange rates are a worry.

Graco Inc. (NYSE: GGG) has announced that it will publish its Third Quarter 2024 earnings after the market closes on Wednesday, October 23, 2024. The complete earnings announcement will be accessible on the Company's website at investors.graco.com. Additionally, Graco's management will host a conference call with analysts and institutional investors to discuss the results on Thursday, October 24, at 11 a.m. ET / 10 a.m. CT.