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W.W. Grainger Q1 Earnings, Net Sales Increase; 2024 Outlook Reaffirmed
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W.W. Grainger Q1 Earnings, Net Sales Increase; 2024 Outlook Reaffirmed
Apr 25, 2024 5:51 AM

08:32 AM EDT, 04/25/2024 (MT Newswires) -- W.W. Grainger ( GWW ) reported Q1 earnings Thursday of $9.62 per diluted share, up from $9.61 a year earlier.

Analysts polled by Capital IQ expected $9.63.

Net sales for the quarter ended March 31 were $4.24 billion, up from $4.09 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.26 billion.

The company said it continues to expect 2024 EPS of $38 to $40.50 on net sales of $17.2 billion to $17.7 billion. Analysts surveyed by Capital IQ are expecting EPS of $39.38 on revenue of $17.47 billion.

Price: 955.50, Change: -2.82, Percent Change: -0.29

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