Graco Inc. (NYSE:GGG ) Q4 2022 Earnings Conference Call January 31, 2023 11:00 AM ET Company Participants Kathy Schoenrock - Executive Vice President, Corporate Controller and Information Systems Mark Sheahan - President and Chief Executive Officer David Lowe - Chief Financial Officer and Treasurer Conference Call Participants Deane Dray - RBC Capital Markets Michael Halloran - Baird Saree Boroditsky - Jefferies Will Jellison - D.A. Davidson Joe Ritchie - Goldman Sachs Jeff Hammond - KeyBanc Capital Markets Inc Thomas Johnson - Morgan Stanley Walter Liptak - Seaport Research Operator Good morning, and welcome to the Fourth Quarter Conference Call for Graco, Inc. If you wish to access the replay for this call, you may do so by visiting the company's website at www.graco.com.

Graco Inc. (GGG) Q4 2022 Earnings Call Transcript

Graco's (GGG) Q4 results benefit from solid performance in its Industrial and Process segments.

Graco (GGG) Q4 Earnings & Revenues Beat, Increase Y/Y

Graco Inc. (GGG) delivered earnings and revenue surprises of 7.35% and 1.10%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Graco Inc. (GGG) Beats Q4 Earnings and Revenue Estimates

Graco (GGG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Graco (GGG) Ahead of Earnings?

Graco Inc. (GGG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Graco Inc. (GGG) Beat Estimates Again in Its Next Earnings Report?

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Dividend Growth Stock Watchlist - January 2023

Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company's Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems and applicators, and precision dispensing solutions. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands. The company's Process segment offers pumps to move and dispense chemicals, water, wastewater, petroleum, food, lubricants, and other fluids; pressure valves used in the oil and natural gas industry, other industrial processes, and research facilities; and chemical injection pumping solutions for injection of chemicals into producing oil wells and pipelines. It also supplies pumps, hose reels, meters, valves, and accessories for fast oil change facilities, service garages, fleet service centers, automobile dealerships, auto parts stores, truck builders, and heavy equipment service centers; and systems, components, and accessories for the automatic lubrication of bearings, gears, and generators in industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. The company's Contractor segment offers sprayers to apply paint to walls and other structures; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors. It sells its products through distributors, original equipment manufacturers, and home center channels; and directly to end-users. The company was incorporated in 1926 and is headquartered in Minneapolis, Minnesota.