Graco maintains a healthy balance sheet. The company ended 2023 with no long-term debt while holding approximately $538 million in cash and equivalents. Thanks to its strong balance sheet, we believe ...
Graco (GGG) delivered earnings and revenue surprises of -6.58% and 3.03%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Fluid and coating equipment company Graco (NYSE:GGG) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 3.8% year on year to $519.2 million. Its non-GAAP profit of $0.71 ...