Latest news with #Graco
Yahoo
a day ago
- Business
- Yahoo
Graco (GGG) Q2 Earnings Report Preview: What To Look For
Fluid and coating equipment company Graco (NYSE:GGG) will be reporting earnings this Wednesday after market close. Here's what to look for. Graco met analysts' revenue expectations last quarter, reporting revenues of $528.3 million, up 7.3% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts' EPS estimates but a miss of analysts' Process revenue estimates. Is Graco a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Graco's revenue to grow 6.7% year on year to $590.2 million, a reversal from the 1.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.79 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Graco has missed Wall Street's revenue estimates six times over the last two years. Looking at Graco's peers in the industrial machinery segment, some have already reported their Q2 results, giving us a hint as to what we can expect. GE Aerospace delivered year-on-year revenue growth of 21.2%, beating analysts' expectations by 15.6%, and Worthington reported flat revenue, topping estimates by 5.6%. GE Aerospace traded down 1.1% following the results while Worthington was up 1.8%. Read our full analysis of GE Aerospace's results here and Worthington's results here. There has been positive sentiment among investors in the industrial machinery segment, with share prices up 5.9% on average over the last month. Graco's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $91.15 (compared to the current share price of $86.19). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
The Irish Sun
5 days ago
- Business
- The Irish Sun
‘Gotta get myself to Tesco!!' parents say as supermarket slash the price on cribs, high chairs & other baby essentials
BEING a first-time parent can get expensive quickly. From buying pushchairs, car seats and highchairs, your money is gone in a blink of an eye when you Advertisement 2 Parents are racing to Tesco for their baby sale Credit: Facebook 2 Products are slashed to over half price with a clubcard Credit: Facebook Fortunately, Tesco currently has lots of baby essentials that are slashed in price that One mum, Emma Black, took to social media to notify others of the deal. She wrote: "Some great deals on baby items in Tesco with a Clubcard!" The first product she found was the Joie bedside crib which usually retails for £160 but is currently just £64 with the loyalty card. Advertisement READ MORE ON PARENTING The bedside crib is one of the most highly rated ones for parents. It allows you to sleep side-by-side with your baby while still giving you both your own space to comfortably move around in. Suitable for newborns up to 9kg, it features a single-hand glide and sliding side panel so you can soothe your baby without leaving your bed. The one-touch glide lock lets you secure Roomie Glide in place once your little one is fast asleep and you're done rocking. Advertisement Most read in Fabulous Exclusive It also comes with mesh windows on each side as well as four lockable wheels to move the crib around easily. Also on offer is the Graco highchair, which is just £60 with a Clubcard instead of £150. shoppers go wild for Tesco's perfect summer co-ord The Graco DuoDiner DLX 6 in 1 also converts to a dining booster seat, youth stool, and table. The high chair will see you through the toddler years for multiple occasions. Advertisement "So many other baby items on offer with Clubcard too," Emma alerted parents. The post was shared on the Facebook group, Insider tip from a Tesco employee A Tesco employee has revealed a surprising secret about the self-scan trolleys. According to the worker, random checks on customers using these trolleys are not entirely random. The checks are actually triggered by a specific customer habit. If you frequently pick up and put down items without scanning them, you're more likely to be selected for a check. This is due to the system detecting suspicious behaviour, which could indicate potential theft. So, to avoid delays, it's best to scan items immediately after placing them in your trolley. Parents were quick to thank Emma for sharing the deals. One person wrote: "Wow. Will see if I can order now. Or go after work." Advertisement Another commented: "That's really good!" "That's cheap with Clubcard," penned a third. Meanwhile a fourth said: "We need one of these and they're cheaper now." Someone else added: "I want one I'll have to have a look for one in Tesco." Advertisement
The Sun
5 days ago
- Business
- The Sun
‘Gotta get myself to Tesco!!' parents say as supermarket slash the price on cribs, high chairs & other baby essentials
BEING a first-time parent can get expensive quickly. From buying pushchairs, car seats and highchairs, your money is gone in a blink of an eye when you become mum or dad. 2 Fortunately, Tesco currently has lots of baby essentials that are slashed in price that parents will want to grab. One mum, Emma Black, took to social media to notify others of the deal. She wrote: "Some great deals on baby items in Tesco with a Clubcard!" The first product she found was the Joie bedside crib which usually retails for £160 but is currently just £64 with the loyalty card. The bedside crib is one of the most highly rated ones for parents. It allows you to sleep side-by-side with your baby while still giving you both your own space to comfortably move around in. Suitable for newborns up to 9kg, it features a single-hand glide and sliding side panel so you can soothe your baby without leaving your bed. The one-touch glide lock lets you secure Roomie Glide in place once your little one is fast asleep and you're done rocking. It also comes with mesh windows on each side as well as four lockable wheels to move the crib around easily. Also on offer is the Graco highchair, which is just £60 with a Clubcard instead of £150. shoppers go wild for Tesco's perfect summer co-ord The Graco DuoDiner DLX 6 in 1 also converts to a dining booster seat, youth stool, and table. The high chair will see you through the toddler years for multiple occasions. "So many other baby items on offer with Clubcard too," Emma alerted parents. The post was shared on the Facebook group, Extreme Couponing and Bargains UK, which boasts over 2.6 million members. A Tesco employee has revealed a surprising secret about the self-scan trolleys. According to the worker, random checks on customers using these trolleys are not entirely random. The checks are actually triggered by a specific customer habit. If you frequently pick up and put down items without scanning them, you're more likely to be selected for a check. This is due to the system detecting suspicious behaviour, which could indicate potential theft. So, to avoid delays, it's best to scan items immediately after placing them in your trolley. Parents were quick to thank Emma for sharing the deals. One person wrote: "Wow. Will see if I can order now. Or go after work." "That's cheap with Clubcard," penned a third. Meanwhile a fourth said: "We need one of these and they're cheaper now."
Business Insider
5 days ago
- Business
- Business Insider
Graco to acquire Italy-based Color Service for EUR63M
Graco (GGG) has entered into a definitive agreement to acquire Color Service, a global leader in automated dosing systems for powder and liquid applications for EUR63M, subject to customary adjustments. Color Service had revenue of EUR34M in 2024. The transaction is expected to close in Graco's Q3 following the satisfaction of closing conditions. Color Service serves a wide range of industries including textiles, rubber, cosmetics, plastics, and food. Headquartered in Italy, Color Service employs approximately 140 people worldwide. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Business Wire
5 days ago
- Business
- Business Wire
Graco Inc. Signs Definitive Agreement to Acquire Color Service s.r.l. ('Color Service'), a Global Manufacturer of Specialized Automatic Precision Dosing Systems for Powders and Liquids
MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG) announced today that it has entered into a definitive agreement to acquire Color Service, a global leader in automated dosing systems for powder and liquid applications for €63 million, subject to customary adjustments. Color Service had revenue of €34 million in 2024. The transaction is expected to close in Graco's fiscal third quarter following the satisfaction of closing conditions. 'The addition of Color Service strengthens our powder handling portfolio and opens new growth opportunities with complementary technologies for new applications,' said Mark Sheahan, Graco's President and CEO. 'This acquisition supports our global expansion strategy and aligns with Graco's commitment to delivering innovative, high-quality solutions that solve complex customer challenges.' Color Service serves a wide range of industries including textiles, rubber, cosmetics, plastics, and food. Known for its expertise in gravimetric dosing technology, the company delivers precise, weight-based measurements that improve consistency and efficiency in production. Headquartered in Italy, Color Service employs approximately 140 people worldwide. ABOUT GRACO Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. A recognized leader in its specialties, Minneapolis-based Graco serves customers around the world in the manufacturing, processing, construction, and maintenance industries. For additional information about Graco Inc., please visit us at Cautionary Statement Regarding Forward-Looking Statements The Company desires to take advantage of the 'safe harbor' provisions regarding forward-looking statements of the Private Securities Litigation Reform Act of 1995 and is filing this Cautionary Statement in order to do so. The Company's statement about the expected closing date of the acquisition is a forward-looking statement. The expected closing and closing date of the acquisition could differ due to any event, change or other circumstance that prevents the parties from satisfying the closing conditions in a timely fashion or at all.
