secwatch.observer — SEC 8-K summary
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Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0000042888-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000004288823000003/0000042888-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000004288823000003/ggg-20230130.htm
  HTML page:      https://secwatch.observer/filing/0000042888-23-000003

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