Graco Reports Record Sales and Operating Earnings
Strong Sales Growth in All Segments and Regions
MINNEAPOLIS--(BUSINESS WIRE)--Apr. 25, 2018-- Graco Inc. (NYSE: GGG) today announced results for the first quarter ended March 30, 2018.
Summary
$ in millions except per share amounts
Three Months Ended
Mar 30,
2018
Mar 31,
2017
%
Change
Net Sales $ 406.3 $ 340.6 19 %
Operating Earnings 111.7 87.4 28 %
Net Earnings 85.5 60.7 41 %
Diluted Net Earnings per Common Share $ 0.49 $ 0.35 40 %
Adjusted (non-GAAP): (1)
Net Earnings, adjusted $ 84.1 $ 57.0 48 %
Diluted Net Earnings per Common Share, adjusted $ 0.48 $ 0.33 45 %
Graco Inc. - Investor Relations -News Release
