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

Issuer:     GENERAC HOLDINGS INC. (GNRC)
CIK:        0001474735
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001437749-21-024804
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generac Q3 net sales up 34% to record $943M; adjusted EPS $2.35; lowers margin guidance
--------------------------------------------------------------------------------

- Net sales $943M (+34% YoY); core sales +30%; residential +33% to $609M, C&I +47% to $258M.
- Net income $132M ($1.93 diluted EPS); adjusted net income $151M ($2.35 adjusted EPS).
- Adjusted EBITDA $209M (22.2% of sales) vs $179M (25.5%) last year; pressured by input costs.
- Full-year 2021 net sales growth guidance maintained at 47-50%; adjusted EBITDA margin cut to ~23.5% from 24.5-25%.
- Announced acquisition of ecobee on Nov 1; closed Chilicon, Apricity, Off Grid Energy, Tank Utility in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474735/000143774921024804/0001437749-21-024804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474735/000143774921024804/gnrc20211101_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-024804

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