Graco FY26 Q2 net earnings climb 14% to $144.9 million; net sales rise 3% to $590.6 million
GGG•Second-quarter results
Graco posted Q2 net earnings of $144.9 million, up 14%, with diluted EPS rising 14% to $0.87.
Net sales increased 3% to $590.6 million; operating earnings climbed 11% to $175.1 million.
Management commentary and orders
Management cited tariff refunds, lower operating expenses, and acquisition-driven growth; organic incoming orders rose at a mid-single-digit rate.
Third-quarter guidance and acquisition
The company initiated Q3 total company net sales guidance of $580 million to $600 million, excluding the announced Valco Melton acquisition expected to close in Q3.
