Market Overview

W.W. Grainger: Q2 Earnings Insights

Share:

Shares of W.W. Grainger (NYSE:GWW) were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 19.18% year over year to $3.75, which beat the estimate of $3.24.

Revenue of $2,837,000,000 declined by 1.94% from the same period last year, which beat the estimate of $2,710,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 23, 2020

Time: 11:00 AM

ET Webcast URL: https://invest.grainger.com/home/default.aspx

Price Action

52-week high: $346.60

Company's 52-week low was at $200.61

Price action over last quarter: Up 25.72%

Company Profile

W.W. Grainger distributes more than 1.7 million maintenance, repair, and operations, or MRO, products that are sourced from over 5,000 suppliers. The company serves more than 3.5 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution, and its network of over 450 global branches. In recent years, Grainger has invested in its e-commerce capabilities, and the firm is the 10th- largest e-commerce site in North America. In 2019, Grainger generated 77% of its $11.5 billion of sales in the United States.

 

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Posted-In: Earnings News

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