secwatch.observer — SEC 8-K summary
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Issuer:     GENERAC HOLDINGS INC. (GNRC)
CIK:        0001474735
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001437749-24-014044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generac Q1 net sales flat at $889M; adjusted EPS up 36% to $0.88, guidance maintained
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- Net sales $889M (flat YoY); core sales down ~1%. Residential +2%, C&I -2%.
- Adjusted net income $53M ($0.88 EPS) vs $39M ($0.63 EPS) YoY; net income $26M ($0.39 EPS).
- Adjusted EBITDA $127M (14.3% of sales) vs $100M (11.3%); free cash flow $85M vs ($42M).
- Domestic segment sales flat at $720.5M; margin improved to 13.8% from 9.4%.
- FY2024 guidance: net sales growth 3-7%, adj. EBITDA margin 16.5-17.5%, FCF conversion ~100%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474735/000143774924014044/0001437749-24-014044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474735/000143774924014044/gnrc20240429_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-014044

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