Company: GGG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000042888-25-000025
Chunk: 4

Company: GRACO INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 1
Chunk 4
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 — — 9,328 Net earnings— — 132,978 — 132,978 Dividends declared ($0.255 per share)— — (43,283)— (43,283)Other comprehensive income— — — 141 141 Balance, June 28, 2024$168,927 $922,203 $1,380,234 $(52,879)$2,418,485 Six Months Ended June 28, 2024Balance, December 29, 2023$167,946 $863,336 $1,227,938 $(34,995)$2,224,225 Shares issued1,205 40,985 — — 42,190 Shares repurchased(224)(946)(16,591)— (17,761)Stock compensation cost— 18,828 — — 18,828 Net earnings— — 255,177 — 255,177 Dividends declared ($0.510 per share)— — (86,290)— (86,290)Other comprehensive loss— — — (17,884)(17,884)Balance, June 28, 2024$168,927 $922,203 $1,380,234 $(52,879)$2,418,485 

See notes to consolidated financial statements.

6

GRACO INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

1. Basis of Preparation

The consolidated balance sheet of Graco Inc. and subsidiaries (the “Company”) as of June 27, 2025 and the related statements of earnings, comprehensive income and shareholders' equity for the three and six months ended June 27, 2025 and June 28, 2024, and cash flows for the six months ended June 27, 2025 and June 28, 2024 have been prepared by the Company and have not been audited.In the opinion of management, these consolidated financial statements reflect all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the financial position of the Company as of June 27, 2025, and the results of operations and cash flows for all periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed