Graco affirms FY24 revenue growth outlook of low single digits, consensus $2.26B

“Despite the slow start to the year, incoming order rates gained momentum as the quarter progressed. Improved order rates together with exciting new products scheduled to launch in the second quarter support our outlook for the year,” said CEO Mark Sheahan. “We are reaffirming our full-year revenue guidance of low single-digit growth on an organic, constant currency basis.”