W.W. Grainger Inc. (GWW) reported first quarter EPS of $2.94 Tuesday morning, up from $2.57 in the previous year. The consensus estimate was for EPS of $2.74. The company now expects 2013 sales growth of 5 to 9 percent and EPS of $11.30 to $12.00. Prior guidance was sales growth of 3 to 9 percent and EPS of $10.85 to $12.00. Analysts expect the company to report 2013 EPS of $11.75 on revenue of $9.61 billion.
W.W. Grainger gapped open dramatically higher Tuesday and rose in early trade, before settling into a range. Shares finished up by 16.18 at $241.88, with volume at a 4-month high. The stock broke out of a 2-month range and set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.