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WW Grainger sees 2025 profit, revenue below estimates on weak demand
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WW Grainger sees 2025 profit, revenue below estimates on weak demand
Jan 31, 2025 6:26 AM

Jan 31 - Industrial maintenance and safety products

supplier WW Grainger ( GWW ) on Friday forecast annual profit

and revenue below Wall Street expectations, after missing the

estimates for fourth-quarter results, citing a muted demand

environment.

Shares of the company, which provides tools and industrial

products to home improvement retailers, construction businesses

and aerospace manufacturers, were down 6.8% in premarket trading

following the results.

The Lake Forest, Illinois-based company expects 2025

earnings per share between $39 and $41.5, compared with

analysts' average estimate of $42.14, according to data compiled

by LSEG.

Grainger projected its full-year sales to be between $17.6

billion and $18.1 billion, below the estimates of $18.2 billion.

The company's fourth-quarter adjusted profit of $9.71 per

share fell short of the estimates of $9.75.

Its quarterly net sales came in at $4.23 billion, up from

about $4 billion from a year earlier. Analysts on average were

expecting $4.24 billion.

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