Margin ImprovementThe One Graco realignment is showing clear signs of margin improvement, particularly in the industrial and expansion markets segments.
Order ActivityOrder activity increased midsingle digits across all three segments in the third quarter, led by semiconductor and vehicle service, with surprising resiliency in China.
Product InnovationThe proprietary QUANTM all-electric pump remains a key watch item for gauging the success of Graco's R&D cross-pollination strategy, with a higher ROI opening a wider segment of Graco's estimated market.