Graco Inc. Stock News

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 27.5 cents ($0.275) per common share, payable on May 7, 2025, to shareholders of record at the close of business on April 14, 2025. The company has approximately 168.6 million shares outstanding. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of...

Graco's annual results met expectations despite a 4% sales drop, maintaining a 53% gross margin and strong cash position, leading to a 2.8% stock drop. The company's reinvestment rate hit 103% of NOPAT due to increased CAPEX and M&A activities, impacting returns but promising long-term growth. Graco's cash generation remains robust with a 106% conversion rate, minimal buybacks, growing dividend...

Graco's fiscal 2024 results were disappointing, with declines in revenue, operating earnings, and diluted EPS, leading to a "Hold" rating on the stock. Despite a 5% stock increase over seven months, Graco remains overvalued with high valuation multiples and expected low growth rates for 2025. Graco's business restructuring aims to drive growth, but all segments struggled in 2024, with the Contr...

Graco Inc. (NYSE:GGG ) Q4 2024 Earnings Conference Call January 28, 2024 11:00 AM ET Company Participants Chris Knutson - Vice President, Corporate Controller & Chief Accounting Officer Mark Sheahan - President, Chief Executive Officer & Director David Lowe - Chief Financial Officer & Treasurer Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Baird Saree Boroditsky ...

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) today announced results for the fourth quarter ended December 27, 2024. Summary $ in millions except per share amounts   Three Months Ended   Twelve Months Ended   Dec 27, 2024   Dec 29, 2023   % Change   Dec 27, 2024   Dec 29, 2023   % Change Net Sales $ 548.7   $ 566.6   (3 )%   $ 2,113.3   $ 2,195.6   (4 )% Operating Earnings   130.0     1...

Hormel Foods extends its 52-year dividend streak with a 2.6% increase; the group averages a 5.9% increase, median 5.8%. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it will release its Fourth Quarter 2024 earnings after the New York Stock Exchange closes on Monday, January 27, 2025. 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 a...

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its third environmental, social and governance (ESG) report. The report underscores Graco's commitment to transparency, accountability and continuous progress in product innovation, operational practices, workplace culture and community impact. The report highlights informatio...