Generac Holdings to reorganize business segments

March 25 (Reuters) - Power equipment maker Generac Holdings GNRC.N said on Wednesday it will reorganize its Domestic and International segments into Residential and Commercial & Industrial (C&I) divisions, effective March 31.

Here are the details from the company statement:

• Generac's Residential segment will consist of the former Domestic segment, excluding the domestic commercial and industrial operations.

• The Residential segment will deliver backup power, energy technology solutions, and outdoor power equipment to a similar customer base.

• The domestic C&I operations as well as the former International business will be reorganized into the Commercial & Industrial segment.

• The C&I segment will focus on opportunities across a diverse set of end markets, primarily for emergency backup power generators, mobile power generation and lighting products, battery energy storage systems, and related services.

• The reorganization changes will be reflected in the company's fiscal 2026 first-quarter earnings report.

• The power equipment maker had last month posted lower-than-expected fourth-quarter profit and sales amid weak demand for its home standby and portable generators.