Graco Q2 sales rise less than expected

Graco

22/07/2026 21:23

    

    Overview
  
U.S. fluid handling equipment maker's Q2 sales rose 3% yr/yr but missed analyst expectations
Adjusted EPS for Q2 beat analyst expectations, rising 17% yr/yr
Company repurchased $315 mln of shares in Q2

    

    Outlook
  
Graco sees Q3 total company sales of $580 mln to $600 mln, excluding Valco Melton acquisition
Company maintains guidance for low single-digit organic sales growth on a constant-currency basis for 2026
Company expects mid-single-digit sales growth including acquisitions for the second half of 2026

    

    Result Drivers
  
ACQUISITIONS - Q2 sales increase was primarily driven by acquired operations
GROSS MARGIN IMPROVEMENT - Operating earnings rose due to a higher gross margin rate, benefiting from tariff refunds and lower operating expenses
ORDER GROWTH - Organic incoming orders increased at a mid-single-digit rate, reflecting improving demand trends

    
Company press release: ID:nBw35P5Na

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Sales
Miss
$590.6 mln
$607.56 mln (9 Analysts)
Q2 Adjusted EPS
Beat
$0.91
$0.81 (9 Analysts)
Q2 EPS
 
$0.87
 
Q2 Adjusted net earnings
Beat
$151 mln
$135.87 mln (6 Analysts)

    

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July 22 - Wabtec beats Q2 sales, profit estimates; lifts results outlook 
July 21 - Sweden's Alfa Laval Q2 sales rise 6%, beat estimates

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)