Graco Q2 sales rise less than expected - GGG News | RalliesGraco Q2 sales rise less than expected
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GGG• Outlook
- Graco sees Q3 total company sales of $580 mln to $600 mln, excluding Valco Melton acquisition
- Company maintains guidance for low single-digit organic sales growth on a constant-currency basis for 2026
- Company expects mid-single-digit sales growth including acquisitions for the second half of 2026
Overview
- U.S. fluid handling equipment maker's Q2 sales rose 3% yr/yr but missed analyst expectations
- Adjusted EPS for Q2 beat analyst expectations, rising 17% yr/yr
- Company repurchased $315 mln of shares in Q2
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|
| Q2 Sales | Miss | $590.6 mln | $607.56 mln (9 Analysts) |
| Q2 Adjusted EPS | Beat | $0.91 | $0.81 (9 Analysts) |
| Q2 EPS | | $0.87 | |
| Q2 Adjusted net earnings | Beat | $151 mln | $135.87 mln (6 Analysts) |
Result Drivers
- Acquisitions - Q2 sales increase was primarily driven by acquired operations
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