Company: GGG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000042888-25-000025
Chunk: 40

Company: GRACO INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 8
Chunk 40
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 a percentage of net sales:

Three Months Ended   Six Months EndedJune 27,2025June 28,2024June 27,2025June 28,2024Net Sales100.0 %100.0 %100.0 %100.0 %Cost of products sold47.6 45.6 47.5 45.8 Gross Profit52.4 54.4 52.5 54.2 Product development3.6 4.0 3.6 4.1 Selling, marketing and distribution12.0 12.5 12.3 13.0 General and administrative9.3 8.8 9.2 8.9 Operating Earnings27.5 29.2 27.4 28.2 Interest expense0.1 0.1 0.1 0.1 Other income, net(0.2)(0.8)(0.9)(1.1)Earnings Before Income Taxes27.6 29.9 28.2 29.2 Income taxes5.3 5.8 5.3 4.7 Net Earnings22.3 %24.0 %22.9 %24.4 %

Net Sales

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

 Three Months Ended   Six Months Ended June 27,2025June 28,2024June 27,2025June 28,2024Americas(1)$351.9 $364.3 $675.1 $670.8 EMEA(2)129.9 108.7 250.9 219.8 Asia Pacific90.0 80.2 174.1 154.8 Consolidated$571.8 $553.2 $1,100.1 $1,045.4 

(1)     North, South and Central America, including the United States

(2)    Europe, Middle East and Africa

The following table presents the components of net sales change by geographic region:

Three MonthsSix MonthsVolume and PriceAcquisitions CurrencyTotalVolume and PriceAcquisitions CurrencyTotalAmericas(6)%3%0%(3)%(2)%3%0%1%EMEA2%12%5%19%1