Graco (GGG)
NYSE:GGG
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.81Last Year’s EPS
0.75Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of positive operational indicators (bookings growth, backlog expansion, strong semiconductor bookings, maintained full-year guidance, healthy cash generation and an active M&A pipeline) alongside material near-term headwinds (6% organic revenue decline, EPS down 6%, gross margin compression, tariff-related costs and a slow start with timing-related backlog conversion). Management emphasized confidence in demand momentum, backlog conversion and disciplined capital allocation, but underlying organic weakness—especially in contractor/construction end markets—and margin pressure temper the tone.Company Guidance
Total Sales Growth with Acquisition and Currency Support
Reported first quarter sales of $540 million, up 2% year-over-year; growth composition: acquisitions +5%, currency translation +3%, offset by organic sales -6%.
Strong Bookings and Backlog Expansion
Bookings up ~3% at actual currency rates during the quarter, driving a nearly $26 million increase in backlog (primarily Industrial); an additional ~$21 million backlog build occurred subsequent to quarter end.
Industrial Booking Momentum
Industrial bookings up mid-single digits and backlog increased by ~$23 million; Industrial sales increased 4% (acquisitions +8%, currency +4%, organic -8%), indicating demand recovery potential.
Semiconductor and Expansion Markets Recovery Signals
Although Expansion Markets organic revenue declined 5% versus an exceptionally strong prior year, semiconductor bookings were up at least 20% in each region and environmental business activity improved with bookings trending positive year-to-date.
Maintained Full-Year Guidance
Management maintained 2026 outlook: low single-digit organic revenue growth on a constant currency basis and mid-single-digit growth including acquisitions, citing improving order trends and stronger second-half comparisons.
Solid Cash Generation and Capital Allocation
Cash provided by operations $120 million (down 4% YoY) and cash provided as a percentage of adjusted net earnings was 107% for the quarter; year-to-date capital uses included $16M of buybacks (189,000 shares), $49M dividends and $12M capex, partially offset by $40M share issuances.
Disciplined Capital Deployment and Active M&A Pipeline
Company reiterated capital allocation discipline: continued dividends, opportunistic buybacks, disciplined M&A. Long-term target of 10% top-line growth with ~1/3 from M&A; ~30% of 2025 revenue came from acquired businesses and management reports an active pipeline.
Tax Rate and Corporate Expense Guidance
Adjusted effective tax rate was 20%, in line with expected full-year adjusted rate of 20–21%; management expects unallocated corporate expenses of $40–43M and total 2026 capex of $90–100M (including ~$50M facility expansion).
GGG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GGG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $85.55 | $82.18 | -3.94% |
Jan 26, 2026 | $86.47 | $87.35 | +1.03% |
Oct 22, 2025 | $81.06 | $81.12 | +0.07% |
Jul 23, 2025 | $86.30 | $83.99 | -2.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Graco (GGG) report earnings?
Graco (GGG) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Graco (GGG) earnings time?
Graco (GGG) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GGG EPS forecast?
GGG EPS forecast for the fiscal quarter 2026 (Q2) is 0.81.