26.10.2023 14:39:07 - dpa-AFX: W.W. Grainger Revises Annual Outlook In Line With Estimates
WASHINGTON (dpa-AFX) - W.W. Grainger, Inc. (GWW) on Thursday revised its
annual outlook, in line with analysts' estimates.
For the full year, the company now expects earnings per share of $36 to $36.60
against its previous expectation of $35 to $36.75.
On average, 16 analysts polled by Thomson Reuters expect the firm to earn $36.01
per share, for the year. Analysts' estimates typically exclude special items.
For full year, GWW now forecasts net sales of $16.4 billion to $16.6 billion
versus its previous outlook of $16.4 billion to $16.8 billion.
Analysts, on average, project the company to register a revenue of $16.57
billion.
The company also revised its net sales growth outlook to 8 percent- 9.1 percent
from its previous expectation of 8 percent- 10.6 percent.
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