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

Issuer:     GENERAC HOLDINGS INC. (GNRC)
CIK:        0001474735
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001437749-21-017692
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generac reports record Q2 revenue $920M (+68% YoY); raises FY 2021 sales growth guidance to ~47-50%
--------------------------------------------------------------------------------

- Net sales record $920M (+68% YoY); core sales +64%. Residential +76% to $600M, C&I +64% to $254M.
- Net income $127M ($2.01 EPS); adjusted net income $153M ($2.39 EPS). Adjusted EBITDA record $218M (23.7% margin).
- Raised FY2021 revenue growth guidance to ~47-50% (prev 40-45%); adjusted EBITDA margin 24.5-25.0% (prev up to 25.5%).
- Completed acquisitions of Deep Sea Electronics (June 1) and Chilicon Power (July 2); started production at Trenton, SC plant.
- Gross margin declined to 36.9% from 38.2% due to higher input costs, partly offset by pricing and volume leverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474735/000143774921017692/0001437749-21-017692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474735/000143774921017692/gnrc20210726_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017692

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