Why Generac Holdings Stock Is Charging Higher Today
Generac Holdings Inc NYSE:GNRC shares are trading higher Wednesday after the company reported better-than-expected financial results and raised its 2022 sales growth guidance.
Generac said first-quarter revenue increased 41% year-over-year to
"We made better-than-expected progress towards our production targets, which helped drive our top line beyond expectations during the quarter despite the ongoing challenging operating environment," said
Generac raised its full-year 2022 net sales guidance from a range of 32% to 36% to a range of 36% to 40%.
See Also: What's Going On With Starbucks Shares Today?
GNRC 52-
The stock was up 5.91% at
Photo: