<ARTICLE> 5 <LEGEND> This schedule contains summary financial information estracted from Graco Inc. and subsidiaries consolidated balance sheets for the quarterly period ending June 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> MAR-27-1999 <PERIOD-END> JUN-25-1999 <EXCHANGE-RATE> 1 <CASH> 5,575 <SECURITIES> 0 <RECEIVABLES> 85,714 <ALLOWANCES> 4,716 <INVENTORY> 37,409 <CURRENT-ASSETS> 137,964 <PP&E> 192,062 <DEPRECIATION> 104,201 <TOTAL-ASSETS> 240,341 <CURRENT-LIABILITIES> 67,130 <BONDS> 105,747 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 20,332 <OTHER-SE> 1,548 <TOTAL-LIABILITY-AND-EQUITY> 240,341 <SALES> 114,703 <TOTAL-REVENUES> 114,703 <CGS> 55,084 <TOTAL-COSTS> 55,084 <OTHER-EXPENSES> 30,600 <LOSS-PROVISION> 151 <INTEREST-EXPENSE> 1,858 <INCOME-PRETAX> 27,161 <INCOME-TAX> 9,200 <INCOME-CONTINUING> 17,961 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 17,961 <EPS-BASIC> .89 <EPS-DILUTED> .86