Graco Q4 Profit Rises - Quick Facts

(RTTNews) - Graco Inc. (GGG) Wednesday reported fourth-quarter net earnings of $44.7 million or $0.71 per share, compared with $42.3 million or $0.68 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.76 per share. Analysts' estimates typically exclude one-time items.

Net sales grew 7 percent to $271.92 million from $253.68 million last year, while seven analysts estimated revenues of $270.69 million for the quarter.

Looking ahead, Chief Executive Patrick McHale said, "We expect to achieve growth in all segments and regions in 2014."