Graco Stock Price, News & Analysis

Graco Inc. (NYSE: GGG) has announced plans to relocate its Riverside Minneapolis operations and corporate teams to its existing campuses in the northwest metro area. The company will consolidate its Minnesota facilities in Rogers, Dayton, and Anoka, where it has already established manufacturing facilities and office space. The relocation from its historic Mississippi River location, which has been Graco's home since the 1940s, will occur gradually over the next two years.

As part of this transition, Graco plans to construct a new corporate headquarters at either its Rogers or Dayton campus and will prepare the Minneapolis campus for sale. The consolidation aims to maximize manufacturing capacity and enhance operational synergy. Graco currently maintains operations in 12 countries and distributes products in over 100 countries worldwide.

Graco Inc. (NYSE: GGG) reported strong Q1 2025 results with sales growth across all segments and regions. Net sales increased 7% to $528.3 million, with acquired operations contributing 6 percentage points of growth. Operating earnings rose 8% to $144.0 million, while net earnings grew 2% to $124.1 million.

The company saw regional sales increases of 5% in Americas, 9% in EMEA, and 13% in Asia Pacific. However, currency translation rates reduced overall sales growth by 2 percentage points. The gross profit margin rate declined approximately 2 percentage points due to lower margin rates from acquired operations and higher product costs.

Segment performance showed Contractor sales up 11%, Industrial sales up 3%, and Expansion Markets sales up 12%. The company maintained its full-year revenue guidance of low-single digit growth on an organic constant currency basis, though noting potential 1-2% negative impact from evolving trade policies and tariffs with China.

Graco Inc. (NYSE: GGG) has expanded its QUANTM™ electric double diaphragm pump line with new enhancements, including 480V input power capability and XTREME TORQUE™ (XT™) motor technology. The improved design features reduced weight and size, making deployment and maintenance easier.

Key benefits of the QUANTM pumps include:

• Up to 80% greater energy efficiency than traditional pumps, with ROI within 12 months
• Simplified maintenance with elimination of pressure sensors
• Noise reduction up to 90%
• Compatibility with 110V, 240V, or 380V/480V power outlets

The pumps are designed for various industrial and hygienic applications, featuring plug-and-play installation and ability to handle challenging fluids including abrasives, solids, and aggressive chemicals.

Graco Inc. (NYSE: GGG) has scheduled its First Quarter 2025 earnings release for Wednesday, April 23, 2025, after the New York Stock Exchange closes. The company will host a conference call with analysts and institutional investors to discuss the results on Thursday, April 24, 2025, at 11 a.m. EDT / 10 a.m. CDT.

The earnings announcement will be available on investors.graco.com. A real-time listen-only webcast of the conference call will be accessible through the company's website, with a replay available afterward for those unable to attend the live event. Interested participants should register at least 15 minutes before the live conference call.

Graco (NYSE:GGG) has announced that its Board of Directors has declared a regular quarterly dividend of $0.275 per common share. The dividend will be payable on May 7, 2025, to shareholders of record at the close of business on April 14, 2025. The company currently has approximately 168.6 million shares outstanding.

Graco Inc. (NYSE: GGG) reported Q4 2024 results with net sales decreasing 3% to $548.7 million. The company experienced declines across all regions, though acquired operations contributed 3 percentage points of growth. Operating earnings decreased 23% to $130 million, while net earnings declined 1% to $108.7 million.

The gross profit margin rate declined approximately 2 percentage points in Q4, with acquired operations accounting for 1 percentage point. Operating expenses increased by $19 million, including $7 million each in litigation costs, business reorganization costs, and expenses from acquired operations.

For the full year 2024, net sales decreased 4% to $2.11 billion, with operating earnings down 12% to $570.1 million. The company expects low single-digit sales growth on an organic, constant currency basis for 2025. Effective January 1, 2025, Graco has reorganized into three segments: Contractor, Industrial, and Expansion Markets.

Graco (NYSE: GGG) has announced its upcoming Fourth Quarter 2024 earnings release, scheduled for after the New York Stock Exchange closes on Monday, January 27, 2025. The company will host a conference call with analysts and institutional investors to discuss the results on Tuesday, January 28, 2025, at 11 a.m. EST / 10 a.m. CST.

The earnings announcement will be available on Graco's investor website, and the conference call will include slides via webcast. Interested parties can access the live webcast through the company's website, with registration required at least 15 minutes before the call. For those unable to attend the live event, a replay will be available on Graco's investor website.

Graco Inc. (NYSE:GGG) has published its third environmental, social and governance (ESG) report, demonstrating its dedication to transparency and continuous improvement in various areas. The report highlights the company's expansion in electrically powered products and its ongoing support for electric vehicle battery manufacturing. Additionally, Graco emphasizes its focus on precision dispense technology to reduce waste and minimize volatile organic compounds (VOCs) emissions. The complete 2023 ESG report is accessible on Graco's website.

Graco Inc. (NYSE:GGG) has released unaudited supplemental financial information reflecting its new organizational structure effective January 1, 2025. The company will reorganize into three reportable segments:

1. Industrial segment: Combines the Industrial Division (merging current Industrial and Lubrication Equipment Divisions with Process Transfer Equipment business) and the Powder Division

2. Expansion Markets segment: Focuses on inorganic growth through the Expansion Markets Division, including environmental, semiconductor, high-pressure valves, and electric motors businesses, plus future ventures

3. Contractor segment: Remains unchanged from current structure

The restructured financial information is available on Graco's website investor page.