Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
17 March 1980Website:
http://www.graco.comNext earnings report:
29 January 2025Last dividends:
21 October 2024Next dividends:
N/APrice
after hours | Sat, 16 Nov 2024 00:44:49 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
GGG Latest News
GGG's third-quarter 2024 sales decline 4% year over year due to lower demand in all its segments.
While the top- and bottom-line numbers for Graco (GGG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Weakness in the sealants and adhesives business and increasing operating costs weigh on GGG. Unfavorable foreign currency movement is an added concern.
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Third Quarter 2024 earnings after the New York Stock Exchange closes on Wednesday, October 23, 2024. A full-text copy of the earnings announcement will be available on the Company's website at investors.graco.com. Graco management will hold a conference call, including slides via webcast, with analysts and institutional investors to discuss the results at 11 a.m. ET / 10 a.m. CT on Thursday, October 24.
GGG's acquisition of Corob will enable it to strengthen its product offerings and boost its position in the paint and coating machinery manufacturing market.
GGG plans to undergo a business restructuring process to capitalize on growth opportunities and drive profitability.
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, introduces Stellair ACE and Stellair™, the only industrial air spray guns to achieve Ergonomics Performance Certification. Advanced testing by United States Ergonomics proves that the manual pressure feed sprayers reduce fatigue potential, increasing productivity for industrial painters. “Painting is really hard work,” said Peter Linder, vice president of North America sales and global produ.
A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.
Weakness in the industrial sector weighs on GGG's performance. An increase in operating expenses is an added concern.
The acquisition of PCT Systems' business is set to expand GGG's presence in the semiconductor market.
What type of business is Graco?
Graco Inc. is an American company headquartered in Minneapolis, Minnesota, that designs and manufactures equipment and systems for moving, measuring, controlling, dosing, and spraying liquid and powder materials. It is a leader in its field, serving customers worldwide in the manufacturing, processing, construction, and maintenance industries. It was founded in April 1926. Today, it is a global company with regional headquarters in China, Uruguay, and Belgium, with manufacturing and distribution centers located around the world. End users of the products include manufacturers of automotive, commercial, recreational, military, municipal equipment; aerospace, agricultural, construction, woodworking, metallurgical industries, and various other industrial sectors.
What sector is Graco in?
Graco is in the Industrials sector
What industry is Graco in?
Graco is in the Specialty Industrial Machinery industry
What country is Graco from?
Graco is headquartered in United States
When did Graco go public?
Graco initial public offering (IPO) was on 17 March 1980
What is Graco website?
https://www.graco.com
Is Graco in the S&P 500?
No, Graco is not included in the S&P 500 index
Is Graco in the NASDAQ 100?
No, Graco is not included in the NASDAQ 100 index
Is Graco in the Dow Jones?
No, Graco is not included in the Dow Jones index
When was Graco the previous earnings report?
No data
When does Graco earnings report?
The next expected earnings date for Graco is 29 January 2025