W.W. Grainger Narrows FY24 Outlook Range - Update

(RTTNews) - While reporting financial results for the third quarter on Thursday, W.W. Grainger, Inc. (GWW) narrows its earnings and net sales guidance range for the full-year 2024.

For fiscal 2024, the company now projects earnings in a range of $38.65 to $39.35 per share on net sales between $17.1 billion and 17.3 billion.

Previously, the company expects earnings in the range of $38.00 to $39.50 per share on net sales between $17.0 billion and 17.3 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $38.71 per share on revenue of $17.21 billion for the year. Analysts' estimates typically exclude special items.

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