Graco (GGG) is a public company. Graco began with two brothers in a garage and a relentless pursuit of better solutions. Nearly a century later, we design and manufacture thousands of fluid handling products that keep industries moving—from the paint that makes a house a home to the food that fuels your day.

Our customers span homeowners, contractors, service centers, and manufacturers in automotive, aerospace, packaging, and more. Whether it’s a weekend DIY project, a professional job site, or a global production line, Graco delivers reliability, efficiency, and innovation. Founded in 1926. It has 4,983 employees. Annual revenue is $2.2B. IPO 1978.

Transcript

Operator

Morning. Welcome to the second quarter conference call for Graco Inc. If you wish to access the replay for this call, you may do so by visiting the company website at www.graco.com. Graco has additional information available in a PowerPoint slide presentation, which is available as part of the webcast player. At the request of the company, we will open the conference up for questions and answers after the opening remarks from management. I will now hand the conference over to John Bower, Director of Investor Relations. John, please go ahead.

John Bower — Director of Investor Relations

Good morning. I'm here with Mark Sheahan, our President and Chief Executive Officer, Sanjiv Gupta, Chief Financial Officer and Treasurer, and Chris Knutson, Vice President, Chief Accounting Officer and Controller. We welcome you to our conference call to report Graco's fiscal 2026 second quarter results. Before we begin, I'd like to remind everyone that certain statements made during this call may be forward-looking and are subject to risks and uncertainties. Please refer to the safe harbor statement included in our earnings release and earnings presentation, as well as our SEC filings for additional information regarding these risks and uncertainties. I will now turn the conference over to Mark Sheahan.

Mark Sheahan — President and CEO

Thank you, John. Good morning, everyone. We delivered record second quarter sales of $591 million and record second quarter earnings, reflecting growth across all three segments and margin expansion supported by disciplined expense management and operational execution. Contractor generated organic growth in the Americas, led by home center and professional paint. Industrial benefited from broad-based