Graco's Q1 2026: Sales Up, Organic Growth Dips

Gracos Q1 2026 earnings show a 2% sales increase to $540M, driven by acquisitions and currency, but organic sales dipped 6%. Net earnings fell 5% to $119M, with adjusted earnings down 6%. Gross margins slipped 60 basis points due to tariffs, but pricing helped. Operating expenses rose 7%, and cash from operations was $120M. Segments showed mixed results, with Contractor steady, Industrial up 4%, and Expansion Markets down 5%. Bookings rose 3% and backlog jumped 26M. New CFO Sanjeev Gupta joined, and retiring David Lowe was farewelled. Graco expects mid single-digit full-year sales growth, with order momentum building and easier comps ahead. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fff790dfa7973c7c