Graco Enters $600 Million Accelerated Share Repurchase Agreement

Graco (GGG) announced a $600M accelerated stock buyback deal with Bank of America (BAC), covering about 5% of outstanding shares. The company will initially retire approximately 3.5M shares, with the remainder delivered in the coming months. The deal is expected to close by the end of the year, according to Graco.

GRACO INC (GGG) filed an SEC Form 8-K — Other Events. Exhibit 99.1 News Release GRACO INC. P.O. Box 1441 Minneapolis, MN 55440-1441 NYSE: GGG FOR IMMEDIATE RELEASE: FOR FURTHER INFORMATION: November 10, 2026 Investors: John Bower, 612-623-6770 John_M_Bower@graco.com Media: Kirstie L. Foster, 612-623-6249 Kirstie_L_Foster@graco.com G

Graco's (GGG) shares dropped 15% after Q3 adjusted EPS ($0.81) and revenue ($586.4M) missed estimates, and Q4 revenue outlook ($610M-$640M) fell short of consensus. Organic sales grew 7%, but higher costs offset price increases, limiting operating earnings growth to 1%. CEO Mark Sheahan called it a 'solid quarter,' but investors reacted negatively to the misses and light guidance.

Graco Inc (GGG) reported Q3 2026 sales of $586M, slightly below guidance. Adjusted operating margin declined 180bps to 27%. Industrial segment growth was sluggish, while Contractor segment showed organic growth. Q4 revenue guidance is $610-$640M, implying flattish growth. CEO Mark Sheahan noted cautious industrial markets but 'green shoots' of recovery. The company plans balanced capital allocation between M&A and buybacks.

Graco (NYSE:GGG) reported Q3 2026 sales of $586M, up from prior periods. The company announced licensing deals in data center cooling with ABB and acquired Valco Melton to expand margins. Management highlighted a growing order backlog and steady demand in key markets, with plans to increase EBITDA margins at Valco Melton to mid-20% within 3 years.

Graco (GGG) reported Q3 sales growth of 5%, with organic sales up 2%. Industrial sales rose 11%, driven by powder finishing systems and QUANTM electric pumps. Expansion Markets sales increased 8%, led by semiconductor revenue. Management expects stable pricing and cost dynamics. Graco completed the Valco Melton acquisition, targeting mid-20% EBITDA margins within three years. The company repurchased $467M in shares and plans balanced capital allocation.