WASHINGTON (dpa-AFX) - W. W. Grainger, Inc. (GWW), a supplier of industrial
equipment and related products, on Friday initiated an annual outlook, while
reporting fourth-quarter earnings.

In addition, Grainger said that it aims to repurchase $0.9 billion to $1.1
billion of shares in 2024.

For the full year, the company expects net income per share of $38 to $40.50,
higher than the $36.23, posted for the full year 2023.

On average, 16 analysts polled by Thomson Reuters forecast the firm to earn
$38.65 per share, for the year. Analysts' estimates typically exclude special
items.

GWW projects annual sales of $17.2 billion to $17.7 billion, in line with
analysts' estimates of $17.5 billion.

For the full year 2023, the company recorded sales of $16.478 billion.



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