secwatch.observer — SEC 8-K summary
======================================

Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2022-01-31T23:59:59+00:00
Accession:  0000042888-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graco reports record FY2021 sales of $1.99B, EPS $2.52, up 31% from $1.92
-------------------------------------------------------------------------

- Q4 net sales $539.6M (+15% YoY); operating earnings $144.6M (+9%).
- Full-year net sales $1,987.6M (+20% YoY); operating earnings $531.3M (+36%).
- Full-year GAAP diluted EPS $2.52 vs $1.92; adjusted EPS $2.44 vs $1.95.
- Growth reported in all segments and regions for both Q4 and full year.
- Adjusted operating earnings exclude pension settlement loss and prior year impairment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000004288822000005/0000042888-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000004288822000005/ggg-20220131.htm
  HTML page:      https://secwatch.observer/filing/0000042888-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer