Generac Holdings to reorganize business segments

Reuters

Mar 25

Generac Holdings to reorganize business segments

March 25 (Reuters) - Power equipment maker Generac Holdings GNRC.N said on Wednesday it will reorganize its Domestic and International segments into Residential and Commercial & Industrial (C&I) divisions, effective March 31.

Here are the details from the company statement:

• Generac's Residential segment will consist of the former Domestic segment, excluding the domestic commercial and industrial operations.

• The Residential segment will deliver backup power, energy technology solutions, and outdoor power equipment to a similar customer base.

• The domestic C&I operations as well as the former International business will be reorganized into the Commercial & Industrial segment.

• The C&I segment will focus on opportunities across a diverse set of end markets, primarily for emergency backup power generators, mobile power generation and lighting products, battery energy storage systems, and related services.

• The reorganization changes will be reflected in the company's fiscal 2026 first-quarter earnings report.

• The power equipment maker had last month posted lower-than-expected fourth-quarter profit and sales amid weak demand for its home standby and portable generators.

(Reporting by Parth Chandna in Bengaluru)

((Parth.Chandna@thomsonreuters.com;))

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The","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4096":"电气部件与设备","LU0823414478.USD":"法巴经典能源转换基金","LU2394011477.USD":"JPMORGAN CLIMATE CHANGE SOLUTIONS \"A\" (USD) ACC","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","GNRC":"Generac控股"},"translate_title":"Generac Holdings重组业务部门","themeId":"ab6e84fb0542480d9cf75cb6a9fe5601","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GNRC":0.9},"content_text":"Generac Holdings to reorganize business segments\nMarch 25 (Reuters) - \nPower equipment maker Generac Holdings GNRC.N said on Wednesday it will reorganize its Domestic and International segments into Residential and Commercial & Industrial (C&I) divisions, effective March 31.Here are the details from the company statement:• Generac's Residential segment will consist of the former Domestic segment, excluding the domestic commercial and industrial operations. • The Residential segment will deliver backup power, energy technology solutions, and outdoor power equipment to a similar customer base.• The domestic C&I operations as well as the former International business will be reorganized into the Commercial & Industrial segment.• The C&I segment will focus on opportunities across a diverse set of end markets, primarily for emergency backup power generators, mobile power generation and lighting products, battery energy storage systems, and related services.• The reorganization changes will be reflected in the company's fiscal 2026 first-quarter earnings report.• The power equipment maker had last month posted lower-than-expected fourth-quarter profit and sales amid weak demand for its home standby and portable generators.(Reporting by Parth Chandna in Bengaluru)((Parth.Chandna@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}