Generac sees sharp decline in sale of residential products at start of 2023

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Town of Genesee-based Generac Holdings Inc. experienced a substantial decrease in residential product sales in the first quarter of 2023, exacerbated by an ongoing mix of macroeconomic headwinds. Generac’s net sales decreased 22% to $888 million during the first quarter of 2023 compared to $1.14 billion in the first quarter of 2022. Residential product sales were

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