Generac Holdings Inc. Files 8-K: Operations, Personnel & Financials
Ticker: GNRC · Form: 8-K · Filed: Jul 31, 2024 · CIK: 1474735
| Field | Detail |
|---|---|
| Company | Generac Holdings Inc. (GNRC) |
| Form Type | 8-K |
| Filed Date | Jul 31, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: operations, financials, personnel
TL;DR
Generac dropped an 8-K detailing Q2 results, exec changes, and financials. Check it out.
AI Summary
Generac Holdings Inc. filed an 8-K on July 31, 2024, reporting on its results of operations and financial condition. The filing also covers the departure of directors, election of directors, appointment of officers, and compensatory arrangements. Additionally, it includes financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Generac's financial performance and any significant changes in its board of directors or executive officers, impacting investor understanding of the company's stability and direction.
Risk Assessment
Risk Level: medium — 8-K filings can contain significant information about a company's financial health and leadership, which could impact its stock price.
Key Players & Entities
- Generac Holdings Inc. (company) — Registrant
- July 31, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 205654756 (company) — IRS Employer Identification No.
- S45 W29290 Hwy 59 (address) — Address of principal executive offices
- Waukesha (city) — City of principal executive offices
- Wisconsin (state) — State of principal executive offices
- 53189 (zip_code) — Zip code of principal executive offices
- 262-544-4811 (phone_number) — Registrant's telephone number
FAQ
What are the main items reported in this 8-K filing by Generac Holdings Inc.?
This 8-K filing reports on Generac's Results of Operations and Financial Condition, Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, and Financial Statements and Exhibits.
On what date was the earliest event reported in this filing?
The earliest event reported in this filing was on July 31, 2024.
What is Generac Holdings Inc.'s state of incorporation and IRS Employer Identification Number?
Generac Holdings Inc. is incorporated in Delaware and its IRS Employer Identification Number is 205654756.
Where are Generac Holdings Inc.'s principal executive offices located?
Generac Holdings Inc.'s principal executive offices are located at S45 W29290 Hwy 59, Waukesha, Wisconsin, 53189.
What is the telephone number for Generac Holdings Inc.?
The telephone number for Generac Holdings Inc. is (262) 544-4811.
Filing Stats: 1,040 words · 4 min read · ~3 pages · Grade level 14.4 · Accepted 2024-07-31 06:01:16
Key Financial Figures
- $0.01 — nge on which registered Common Stock , $0.01 par value GNRC New York Stock Excha
Filing Documents
- gnrc20240730_8k.htm (8-K) — 36KB
- ex_705212.htm (EX-99.1) — 511KB
- gnrc20240730_8kimg001.jpg (GRAPHIC) — 2KB
- 0001437749-24-023974.txt ( ) — 718KB
- gnrc-20240731.xsd (EX-101.SCH) — 3KB
- gnrc-20240731_def.xml (EX-101.DEF) — 11KB
- gnrc-20240731_lab.xml (EX-101.LAB) — 15KB
- gnrc-20240731_pre.xml (EX-101.PRE) — 11KB
- gnrc20240730_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On July 31, 2024, Generac Holdings Inc. (the "Company," "we," "us" or "our") issued a press release (the "Press Release") announcing its financial results for the second quarter ended June 30, 2024. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information contained in Item 2.02 of this Current Report on Form 8-K (including the exhibits) is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information contained in Item 2.02 of this Current Report on Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing. Discussion of Non-GAAP Financial Measures In the Press Release, we present certain financial information, specifically Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, and Core Sales, which are not in accordance with generally accepted accounting principles ("U.S. GAAP"). We present Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, and Core Sales in the Press Release because these metrics assist us in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. Our management uses Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, and Core Sales: for planning purposes, including the preparation of our annual operating budget and developing and refining our internal projections for future periods; to evaluate the effectiveness of our business strategies and as a supplemental tool in evaluating our performance against our budget for each period; in communications with our board
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release, dated July 31, 2024. 104 Cover Page Interactive Data File (embedded within the inline XBRL document) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENERAC HOLDINGS INC. Name: Raj Kanuru Date: July 31, 2024 Title: EVP, General Counsel & Secretary 4