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.