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Stock impact report

Graco Reports First Quarter Results [Yahoo! Finance]

Graco Inc. (GGG) 
Last graco inc. earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: graco.com/us/en/investor-relations.html
Company Research Source: Yahoo! Finance
Summary $ in millions except per share amounts Three Months Ended Mar 28, Mar 29, Change Net Sales Operating Earnings Net Earnings Diluted Net Earnings per Common Share Adjusted (non-GAAP): Net Earnings, adjusted Diluted Net Earnings per Common Share, adjusted Excludes the impact of excess tax benefits from stock option exercises. See Financial Results Adjusted for Comparability below for a reconciliation of adjusted non-GAAP financial measures to GAAP. Net sales for the first quarter increased 7 percent. The effect of changes in currency translation rates reduced sales growth for the quarter by 2 percentage points. Sales from acquired operations contributed 6 percentage points of growth. The gross profit margin rate declined approximately 2 percentage points for the first quarter due to the unfavorable effects of lower margin rates from acquired operations and higher product costs. Total operating expenses for the first quarter were flat compared to las Show less Read more
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