---
schema_version: "secwatch.filing_event.v1"
accession: "0000042888-23-000003"
form_type: "8-K"
ticker: "GGG"
cik: "0000042888"
company_name: "GRACO INC"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:51:32.434965+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Graco reports record Q4 and FY2022 sales and operating earnings; FY sales $2.14B, EPS $2.66

## Summary
- Q4 net sales $555.0M (+3% YoY), operating earnings $152.5M (+5%), diluted EPS $0.74 (+7%).
- Full-year net sales $2,143.5M (+8% YoY), operating earnings $572.7M (+8%), diluted EPS $2.66 (+6%).
- Adjusted diluted EPS $0.73 in Q4 (+11%) and $2.63 for FY (+8%), excluding tax benefits and pension loss.
- Process and Industrial segments contributed to record annual sales and operating earnings.

## SEC filing metadata
- accession: 0000042888-23-000003
- form_type: 8-K
- ticker: GGG
- cik: 0000042888
- company_name: GRACO INC
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42888/000004288823000003/0000042888-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42888/000004288823000003/ggg-20230130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000042888-23-000003
- JSON: https://secwatch.observer/filing/0000042888-23-000003.json
- Plain text: https://secwatch.observer/filing/0000042888-23-000003.txt

## Key facts
- Earnings Releases
  GRACO INC reported financial results for the fourth quarter ended December 30, 2022.
  - Period: the fourth quarter ended December 30, 2022
  - Result: reported results
  source text: On January 30, 2023, Graco Inc. issued a press release to report the Company’s results of operations and financial condition for the year ended December 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/42888/000004288823000003/0000042888-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.