Graco Inc. (NYSE: GGG), Minneapolis, MN, reported sales for the third quarter of $319 million, a 5 percent increase from the same period a year ago. Profit decreased 15 percent to $50.7 million.
For the first nine months, the company reported sales of $960.9 million, a 5 percent increase from the same period a year ago. Profit increased 66 percent to $292.2 million.