Generac sales, profits up on strong domestic demand

Generac Holdings Inc. narrowed its sales outlook for 2019 after recording higher second-quarter sales and profits on strong domestic demand.

The Waukesha-based manufacturer of power generators and other energy products reported net income for the second quarter of $62 million, or 98 cents per share, up from $53.3 million, or 82 cents per share, for the period a year ago. Adjusted earnings that exclude one-time items rose to $74.9 million, or $1.20 per share, from $68.9 million, or $1.11 per share.

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