The 2020 Mid-Year Economic Update_long

Generac Sales Up 2% in 3Q

Year-to-date sales down 9.2 percent year-over-year.

Power equipment manufacturer Generac Holdings Inc. (NYSE: GNRC), Waukesha, WI, reported sales for the third quarter of $359.3 million, an increase of 2 percent year-over-year. Profit decreased 6.8 percent to $34 million.

Commercial & industrial segment sales in the third quarter increased 1.2 percent year-over-year, and residential product sales increased 0.7 percent.

Year-to-date sales were $959.5 million, down 9.2 percent over the prior-year period. Profit decreased 45.2 percent to $68.6 million.

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