Company: GGG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0000042888-25-000047
Chunk: 4

Company: GRACO INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 1
Chunk 4
---
380,234 $(52,879)$2,418,485 Shares issued77 3,124 — — 3,201 Shares repurchased(175)(1,104)(12,308)— (13,587)Stock compensation cost— 6,701 — — 6,701 Net earnings— — 122,197 — 122,197 Dividends declared ($0.255 per share)— — (42,992)— (42,992)Other comprehensive income— — — 19,289 19,289 Balance, September 27, 2024$168,829 $930,924 $1,447,131 $(33,590)$2,513,294 Nine Months Ended September 27, 2024Balance, December 29, 2023$167,946 $863,336 $1,227,938 $(34,995)$2,224,225 Shares issued1,282 44,108 — — 45,390 Shares repurchased(399)(2,049)(28,902)— (31,350)Stock compensation cost— 25,529 — — 25,529 Net earnings— — 377,376 — 377,376 Dividends declared ($0.765 per share)— — (129,281)— (129,281)Other comprehensive income— — — 1,405 1,405 Balance, September 27, 2024$168,829 $930,924 $1,447,131 $(33,590)$2,513,294 

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 September 26, 2025 and the related statements of earnings, comprehensive income and shareholders' equity for the three and nine months ended September 26, 2025 and September 27, 2024, and cash flows for the nine months ended September 26, 2025 and September 27, 2024 have been prepared by the Company and have not been audited.In the opinion of management, these consolidated financial statements reflect all