Graco Inc. Q2 2026 Results Overview
Graco Inc. (NYSE: GGG) announced second‑quarter 2026 financial results, delivering adjusted earnings per share (EPS) of $0.91. This figure exceeded the consensus analyst estimate of $0.81 by $0.10, representing a $0.10 beat. Revenue for the quarter was $590.6 million, which fell short of the consensus estimate of $607.32 million, despite a 3% year‑over‑year increase from $571.8 million in the comparable prior‑year quarter, primarily driven by acquired operations.
Adjusted operating earnings climbed 11% year‑over‑year to $183.2 million, aided by a higher gross‑margin rate resulting from tariff refunds and lower operating expenses. The company repurchased $315 million of its own shares during the quarter, and total share repurchases for the first half of 2026 amounted to $331 million. These buybacks contributed to a 17% year‑over‑year rise in adjusted diluted EPS.
Following the release, Graco’s shares rose 2.3% in after‑hours trading on Wednesday. President and Chief Executive Officer Mark Sheahan said the company delivered “record quarterly sales and operating earnings” and highlighted organic sales growth in the Americas across professional paint and home‑center channels for the first time in two years, as well as continued investment opportunities in data‑center infrastructure.
The firm maintained its full‑year guidance, projecting low single‑digit organic sales growth on a constant‑currency basis and mid‑single‑digit growth including acquisitions. For the upcoming third quarter, Graco issued revenue guidance of $580 million to $600 million, excluding the announced acquisition of Valco Melton, which is expected to close in Q3. The midpoint of $590 million would represent flat performance relative to Q2.
Organic incoming orders grew at a mid‑single‑digit rate during the quarter, and orders across all segments were up low single digits year‑to‑date.