NYSE$GGG

Graco Inc. · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

GGG Q2 2024 — $553K revenue, 1.00 EPS

Company as of June 28, 2024, and the results of operations and cash flows for all periods presented. Graco Inc. reported Q2 2024 results. Diluted EPS came in at $1.00. Net income of $255K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $553K.
  • Diluted EPS: $1.00.
  • Net income: $255K.
  • Gross profit: $301K.

Headline financials

Total Revenue

$553M

Previous: $560M-1.1%
EPS

$0.77

Previous: $0.75+2.7%
Capital Expenditures

-$73.4M

Previous: -$92.2M+20.4%
Free Cash Flow

$59.5M

Previous: $42M+41.6%
Net Income

$133M

Previous: $134M-1.0%
Operating Income

$161M

Previous: $157M+2.7%
Gross Profit

$301M

Previous: $291M+3.2%
Cash & Equivalents

$666M

Previous: $521M+27.9%
Total Assets

$2.88B

Previous: $2.71B+6.4%
R&D Expense

$21.9M

No prior period
Stock-Based Comp

$9.56M

Previous: $9.5M+0.6%

Revenue & EPS history

Graco · Revenue · Quarterly

$553M

Q2 2024-1.1%vs Q2 2023
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Graco · $402M total across 2 segments · Q3 2023

  • Contractor
    $245M-7.1%
  • Industrial
    $157M+0.6%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.7%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.0%

Avg return

30 days after

62%

43 / 69 earnings

Positive

+10.8%

Q1 2023

Best reaction

-10.7%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.7%-6.1%-11.6%
Q4 2025+1.4%+0.7%+7.2%
Q3 2025+0.0%-0.3%+0.8%
Q2 2025+2.6%+1.5%+3.5%
Q1 2025+1.9%+3.2%+5.9%
Q4 2024-3.0%-2.1%+0.1%
Q3 2024-1.7%-2.8%+8.7%
Q2 2024+2.1%+1.7%+0.3%
Q1 2024-7.1%-8.4%-9.0%
Q4 2023+2.5%+2.6%+6.2%
Q3 2023+5.7%+5.1%+15.2%
Q2 2023-7.5%-8.5%-10.8%
Q1 2023+10.8%+14.5%+10.0%
Q4 2022+1.7%+6.1%+2.9%
Q3 2022+2.9%+6.9%+7.9%
Q2 2022+4.8%+6.9%+4.8%
Q1 2022-1.0%-2.7%-2.0%
Q4 2021+4.4%+1.0%+0.8%
Q3 2021+4.0%+4.3%+7.1%
Q2 2021-1.2%-0.9%-0.1%
Q1 2021+0.6%+1.1%-1.7%
Q4 2020-6.3%-9.1%-7.9%
Q3 2020-1.1%-1.9%+4.5%
Q2 2020+4.1%+3.7%+9.4%
Q1 2020-0.1%+2.9%+2.9%
Q4 2019+5.9%+2.3%+3.3%
Q3 2019-1.4%-0.4%+2.7%
Q2 2019-5.3%-5.8%-13.6%
Q1 2019-4.6%-3.8%-10.1%
Q4 2018+3.2%+2.3%+12.0%
Q3 2018+4.0%+3.2%+11.7%
Q2 2018-0.3%-3.9%-1.9%
Q1 2018+2.6%-1.8%+2.5%
Q4 2017-5.8%-7.7%-9.6%
Q3 2017+3.3%+1.2%+1.2%
Q2 2017+7.1%+7.7%+5.2%
Q1 2017+10.1%+9.7%+11.2%
Q4 2016+0.0%+1.4%+5.1%
Q3 2016+6.7%+6.2%+13.3%
Q2 2016-7.9%-6.7%-6.3%
Q1 2016-6.3%
Q4 2015+7.5%
Q3 2015+5.0%
Q2 2015+4.4%
Q1 2015+0.5%
Q4 2014-7.4%
Q3 2014+1.4%
Q2 2014+1.6%
Q1 2014-1.7%
Q4 2013-1.6%
Q3 2013+0.9%
Q2 2013+0.0%
Q1 2013+6.9%
Q4 2012+3.7%
Q3 2012-1.1%
Q2 2012+1.9%
Q1 2012-5.2%
Q4 2011+1.1%
Q3 2011+9.9%
Q2 2011-10.7%
Q1 2010+7.5%
Q1 2011-1.1%
Q4 2010-6.0%
Q4 2008-6.0%
Q3 2010+2.7%
Q3 2009+2.7%
Q4 2009+0.3%
Q2 2010+0.3%
Q2 2009+0.3%

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