Published on 26 Apr 2024 on GuruFocus.com via Yahoo Finance
Graco Inc faces a challenging market with a 7% decrease in net sales and a 15% decrease in operating earnings.Despite market headwinds, the company maintains a solid liquidity position with $1,398 million in available liquidity.Graco Inc's strategic focus remains on low single-digit sales growth for 2024, leveraging new products and global expansion.
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