Graco stock rises on earnings, outlook beat

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Graco stock rises on earnings, outlook beat Graco Inc. shares rose in the extended session Monday after the pump and spray equipment producer's quarterly...

Graco Inc. GGG, -1.12% shares rose in the extended session Monday after the pump and spray equipment producer's quarterly results and outlook topped Wall Street estimates. Graco shares rose 4.2% after hours, following a 1.1% decline in the regular session to close at $51.40. The company reported fourth-quarter net income of $84.8 million, or 49 cents a share, compared with $73.7 million, or 43 cents a share, in the year-ago period. Adjusted earnings were 48 cents a share.

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