W.W. Grainger: Fourth Quarter Earnings Overview

W.W. Grainger Exceeds Earnings Projections in Fourth Quarter

W.W. Grainger Inc., headquartered in Lake Forest, Illinois, announced a net profit of $451 million for the fourth quarter.

The company reported earnings of $9.44 per share, slightly outpacing the $9.43 per share anticipated by analysts polled by Zacks Investment Research.

Quarterly revenue reached $4.43 billion, also beating analyst expectations, which had forecast $4.4 billion for the period.

For the full fiscal year, W.W. Grainger posted a total profit of $1.71 billion, translating to $35.40 per share, with annual revenue totaling $17.94 billion.

Looking ahead, the company projects its earnings for the coming year to fall between $42.25 and $44.75 per share, with expected revenue ranging from $18.7 billion to $19.1 billion.