Company: GGG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0000042888-25-000047
Chunk: 41

Company: GRACO INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 8
Chunk 41
---
 Shares168.6 172.1 169.6 172.3 Diluted Earnings per Share   As reported$0.82 $0.71 $2.30 $2.19    Adjusted$0.73 $0.71 $2.18 $2.13 

17

The following table presents an overview of components of net earnings as a percentage of net sales:

Three Months Ended   Nine Months EndedSeptember 26,2025September 27,2024September 26,2025September 27,2024Net Sales100.0 %100.0 %100.0 %100.0 %Cost of products sold46.8 46.8 47.3 46.1 Gross Profit53.2 53.2 52.7 53.9 Product development3.7 4.1 3.7 4.2 Selling, marketing and distribution12.5 12.5 12.4 12.8 General and administrative9.3 8.5 9.2 8.8 Contingent consideration(2.6)— (0.9)— Operating Earnings30.3 28.1 28.4 28.1 Interest expense0.1 0.1 0.1 0.1 Other income, net(0.8)(1.2)(0.9)(1.2)Earnings Before Income Taxes31.0 29.2 29.2 29.2 Income taxes5.7 5.7 5.4 5.1 Net Earnings25.3 %23.5 %23.8 %24.1 %

Net Sales

The following table presents net sales by geographic region (in millions):

 Three Months Ended   Nine Months Ended September 26,2025September 27,2024September 26,2025September 27,2024Americas(1)$341.0 $334.7 $1,016.1 $1,005.5 EMEA(2)117.8 105.1 368.6 324.9 Asia Pacific84.6 79.4 258.7 234.2 Consolidated$543.4 $519.2 $1,