NYSE$GGG
Graco Inc. · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Graco's Q4 2019 earnings were released
Graco Inc. reported a 1% increase in net sales for the fourth quarter, driven by growth in the Americas and EMEA regions, though offset by declines in Asia Pacific. The Contractor segment's strong sales growth and favorable operating leverage boosted profitability, while gross margin rates decreased due to lower factory volume and unfavorable product mix.
- Asia Pacific sales declines offset growth in the Americas and EMEA regions.
- Strong sales growth in the Contractor segment drove up fourth quarter profitability.
- Gross margin rates decreased due to lower factory volume and unfavorable product and channel mix.
- Total operating expenses decreased 6 percent.
Headline financials
Revenue & EPS history
Graco · Revenue · Quarterly
$412M
Revenue by segment
Graco · $323M total across 2 segments · Q4 2019
- Industrial$195M—60.2%
- Contractor$129M—39.8%
Forward guidance
Graco anticipates challenging end market conditions in the Industrial and Process segments for the first half of 2020, but remains positive about the Contractor segment. The company projects low single-digit revenue growth on an organic, constant currency basis for 2020.
Tailwinds
- Favorable conditions continue in the Contractor segment.
- Demand for products is solid across major end markets and product categories in the Contractor segment.
Headwinds
- Challenging end market conditions are expected to remain in place for the Industrial segment for at least the first half of the year.
- Challenging end market conditions are expected to remain in place for the Process segments for at least the first half of the year.
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 Q4 2019
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro