Graco affirms FY25 revenue growth view of low single digits

The company states: “While organic revenue is down 1% year to date due to ongoing challenges in key end markets, we’re encouraged by several positive developments as we move into the fourth quarter. Order rates are holding steady, our interim pricing actions are gaining momentum, and we’re entering a favorable year-over-year comparison period, especially within the Contractor segment. These factors reinforce our confidence in achieving our full-year guidance of low single-digit sales growth on an organic, constant currency basis.”