W.W. Grainger, Inc. (NYSE:GWW) reported weaker-than-expected earnings for the second quarter on Friday.
The company posted quarterly earnings of $9.97 per share which missed the analyst consensus estimate of $10.04 per share. The company reported quarterly sales of $4.554 billion which beat the analyst consensus estimate of $4.522 billion.
W.W. Grainger lowered its FY2025 GAAP EPS guidance from $39.00-$41.50 to $38.50-$40.25, but raised its sales guidance from $17.600 billion-$18.100 billion to $17.900 billion-$18.200 billion.
“Our team remains focused on our customers, fostering deep relationships, providing exceptional service and driving innovation through differentiated capabilities,” said D.G. Macpherson, Chairman and CEO. …