Graco Q2 Adj. EPS $0.75 Misses $0.78 Estimate, Sales $571.81M Miss $589.49M Estimate

Graco (NYSE: GGG) reported quarterly earnings of $0.75 per share which missed the analyst consensus estimate of $0.78 by 4.21 percent. This is a 2.6 percent decrease over earnings of $0.77 per share from the same period last year. The company reported quarterly sales of $571.81 million which missed the analyst consensus estimate of $589.49 million by 3.00 percent. This is a 3.36 percent increase over sales of $553.24 million the same period last year.