Manufacturers

Generac Sales Increase 2% in Third Quarter

WAUKESHA, Wisc.—Power equipment manufacturer Generac Holdings Inc. (NYSE: GNRC) reported year-to-date sales of $959.5 million, down 9.2 percent from the same period in 2014. Profits were reported at $68.6 million, a 45.2 percent decrease.

Sales for the third quarter were $359.3 million, a 2 percent increase year-over-year. Profit decreased 6.8 percent to $34 million.

Commercial and Industrial segment sales in the third quarter also increased; 1.2 percent year-over-year. Residential product sales increased 0.7 percent, to $185.0 million as compared to $183.7 million in the prior-year quarter.

 

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