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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.