<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Graco Inc. and subsidiaries consolidated balance sheets for the quarterly period ending March 25, 1999 and is qualified in its entirety by reference to such statements. </LEGEND> <CIK> 0000042888 <NAME> GRACO INC. <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> DEC-25-1998 <PERIOD-END> MAR-25-1999 <EXCHANGE-RATE> 1 <CASH> 4,204 <SECURITIES> 0 <RECEIVABLES> 85,562 <ALLOWANCES> 4,400 <INVENTORY> 34,111 <CURRENT-ASSETS> 133,175 <PP&E> 199,706 <DEPRECIATION> 105,355 <TOTAL-ASSETS> 233,572 <CURRENT-LIABILITIES> 77,110 <BONDS> 107,068 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,294 <OTHER-SE> 1,299 <TOTAL-LIABILITY-AND-EQUITY> 233,572 <SALES> 103,241 <TOTAL-REVENUES> 103,241 <CGS> 50,384 <TOTAL-COSTS> 50,384 <OTHER-EXPENSES> 33,903 <LOSS-PROVISION> 148 <INTEREST-EXPENSE> 1,953 <INCOME-PRETAX> 17,001 <INCOME-TAX> 5,800 <INCOME-CONTINUING> 11,201 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11,201 <EPS-PRIMARY> .56 <EPS-DILUTED> .54