W.W. Grainger, Inc. (GWW) reported fourth quarter net income attributable to W.W. Grainger of $97.06 million or $1.27 per share, compared to $107.92 million or $1.37 per share last year.
On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $1.24 per share. Analysts' estimates typically exclude special items.
Net sales grew to $1.63 billion from $1.6 billion in the prior year quarter.
Six analysts estimated revenues of $1.59 billion.
Further, the company said that stronger sales growth in December and January gives it greater confidence to raise 2010 sales growth guidance to a range of 6 to 10% and earnings per share guidance to the new range of $5.40 to $5.90. The company had previously issued 2010 guidance of 4 to 9% sales growth and earnings per share of $5.30 to $5.80.
Analysts expect the company to earn $5.87 per share.
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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.