Graco Inc
GGG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| f@ | LOCK|L> | LOCK|&B<$r>F |
Graco Earnings: Encouraging Order Trends and Backlog Growth
Graco's second-quarter adjusted EPS of $0.91 beat the FactSet consensus estimate by $0.10. Sales increased by 3% from the prior-year period, driven by acquisitions, as a 1% organic sales decline was offset by a 1% currency translation tailwind.
