Financial PerformanceGenerac reported 3Q24 financials that exceeded both analyst and consensus expectations, driven by strong Residential Product sales amidst substantially higher-than-average outage activity.
Market ExpansionThe dealer count for Generac Holdings has increased by 400 to approximately 9,100, with significant growth in Texas, Florida, and the Carolinas.
Sales GrowthGenerac Holdings reported record in-home consultations and strong activations, indicating continued growth in home standby sales.