{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-021513","form_type":"8-K","ticker":"GNRC","cik":"0001474735","company_name":"GENERAC HOLDINGS INC.","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.027802+00:00","generated_at":"2026-06-12T12:48:48.634002+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Generac Q2 net sales down 23% YoY; cuts FY2023 outlook as residential weakens","bullets":["Net sales $1.00B (-23% YoY); residential sales $499M (-44%), C&I $384M (+24%).","GAAP EPS $0.70 vs $2.21; adjusted EPS $1.08 vs $2.86; net income $45M vs $156M.","Adjusted EBITDA $137M (13.6% margin) vs $271M (21.0%) in prior year quarter.","FY2023 outlook reduced: net sales decline -10% to -12% (prior -6% to -10%); EBITDA margin 15.5-16.5% (prior 17-18%).","Free cash flow $54M vs $6M; working capital improvement partially offsets lower earnings."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-021513","json":"https://secwatch.observer/filing/0001437749-23-021513.json","markdown":"https://secwatch.observer/filing/0001437749-23-021513.md","text":"https://secwatch.observer/filing/0001437749-23-021513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1474735/000143774923021513/0001437749-23-021513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1474735/000143774923021513/gnrc20230801_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T12:48:48.634002+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3f25754ef38f5b7df63e35056f5fe99911480702","claim":"GENERAC HOLDINGS INC. reported second quarter ended June 30, 2023 results: revenue $1.00 billion, net income $45 million, or $0.70 per share, EPS $0.70 per share. Guidance lowered.","evidence_excerpt":"results for its second quarter ended June 30, 2023 and provided an update on its outlook for the full year 2023. Second Quarter 2023 Highlights ● Net sales decreased 23% to $1.00 billion during the second quarter of 2023 as compared to $1.29 billion in the prior-year second quarter. Core sales growth, which excludes both the impact of acquisitions and foreign","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1474735/000143774923021513/0001437749-23-021513-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1.00 billion"},{"label":"Net income","value":"$45 million, or $0.70 per share"},{"label":"EPS","value":"$0.70 per share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}