Generac cuts its guidance for the year by $560 million but says customer demand is still strong

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Generac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity. The Town of Genesee-based company is still forecasting a 23% increase in sales for the year at the midpoint of its guidance, but that is down sharply from its

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