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United States

W W Grainger Inc (GWW)

GWW on New York Consolidated

239.62USD
9 Dec 2016
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$0.63 (+0.26%)
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Latest Key Developments (Source: Significant Developments)

Grainger reported July 2016 sales results
Thursday, 11 Aug 2016 08:00am EDT 

W W Grainger Inc : Grainger reports July 2016 sales results .Company daily sales increased 3 percent in July of 2016 versus July of 2015.  Full Article

Grainger Q2 earnings per share $2.79
Tuesday, 19 Jul 2016 07:30am EDT 

W W Grainger Inc : Company also revised its 2016 sales and earnings per share guidance . Grainger reports results for the 2016 second quarter . Q2 sales $2.6 billion versus I/B/E/S view $2.58 billion . Q2 earnings per share $2.79 . Q2 earnings per share view $3.16 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $11.20 to $12.20 . Q2 adjusted earnings per share $2.89 . Expects 2016 sales growth of 1 to 4 percent . "Canadian business continued to be affected by low oil prices, fires in Fort McMurray and unfavorable foreign exchange" . Quarter included $6 million of restructuring costs for u.s. Segment .FY2016 earnings per share view $11.94, revenue view $10.23 billion -- Thomson Reuters I/B/E/S.  Full Article

Grainger daily sales up 1 pct in May versus May, 2015
Monday, 13 Jun 2016 08:00am EDT 

W W Grainger Inc : Company daily sales increased 1 percent in may of 2016 versus may of 2015. . Company daily sales increased 1 percent in may of 2016 versus may of 2015. . Excluding acquisitions, may organic daily sales were down 3 percent . Excluding acquisitions, organic daily sales included 1 percent point negative impact from wildfires in alberta .Grainger reports may 2016 sales results.  Full Article

Grainger says April daily sales rose 4 pct
Thursday, 12 May 2016 08:15am EDT 

W W Grainger Inc : Says company daily sales increased 4 percent in April of 2016 versus April of 2015 . Says sales growth included a 4 percentage point contribution from Cromwell Group .Grainger reports april 2016 sales results.  Full Article

W W Grainger Inc reaffirms FY 2016 guidance
Tuesday, 26 Jan 2016 07:00am EST 

W W Grainger Inc:Reaffirms FY 2016 sales and earnings guidance.Expect FY 2016 -1 to 7 percent sales growth.Expects FY 2016 earnings per share of $10.80 to $13.00.  Full Article

W W Grainger Inc reiterates FY 2015 guidance; gives Q4 2015 guidance; updates longer term financial objectives
Thursday, 12 Nov 2015 01:45pm EST 

W W Grainger Inc:Says for Q4 2015 , company is forecasting sales of -3.0 to 0.0 percent and expects earnings per share of $2.20 to $2.40.Says For FY 2015, the company reiterated its sales forecast of -0.5 to 0.5 percent and earnings per share guidance of $11.60 to $11.80.Says for FY 2016, the company is forecasting sales growth of -1 to 7 percent and expects earnings per share of $10.80 to $13.00.Excluding the results from Cromwell Group (Holdings) Limited, acquired Sept. 1, 205, the company is forecasting sales growth of -4 to 4 percent and expects earnings per share of $10.70 to $12.90.Grainger also updated longer term financial objectives.company now expects operating margins of 14 to 15 percent by the year 2020.This improvement is expected to come from organic sales growth in the mid-single digits and long term operating margin expansion of approximately 30 basis points per year.For reference, Grainger's operating margin in 2015 is expected to be 13.2 to 13.3 percent excluding restructuring charges and unusual items as reported by the company in its quarterly earnings releases.  Full Article

W W Grainger Inc declares quarterly dividend
Wednesday, 28 Oct 2015 10:10am EDT 

W W Grainger Inc:Declared a cash dividend of $1.17 per share payable on December 1 to shareholders of record date as on November 9.  Full Article

W W Grainger Inc lowers FY 2015 guidance
Friday, 16 Oct 2015 07:30am EDT 

W W Grainger Inc:Expects FY 2015 sales in the range of -0.5 percent to 0.5 percent.Expects FY 2015 EPS in the range of $11.60-$11.80, excluding the $0.16 per share in charges.Reported FY 2014 revenue of $9.96 bln and EPS of $12.26 in FY 2014.FY 2015 revenue of $10.07 bln and EPS of $12.07 - Thomson Reuters I/B/E/S.  Full Article

W W Grainger Inc announces agreement to acquire Cromwell
Thursday, 30 Jul 2015 08:02am EDT 

W W Grainger Inc:Grainger announces agreement to acquire cromwell, the largest independent British mro distributor.Deal for about $482 million.Deal expected to be immediately EPS accretive and $0.10 to $0.15 accretive to grainger's 2016 EPS.Rpt-grainger announces agreement to acquire cromwell, the largest independent british mro distributor.Says acquisition will be funded with debt both in the U.K. and the United States.Says upon completion of the transaction, grainger intends to operate cromwell as a standalone business unit led by kerins.Says transaction will not affect grainger's previously announced share repurchase plan.  Full Article

W.W. Grainger Inc declares quarterly dividend
Wednesday, 29 Jul 2015 10:39am EDT 

W.W. Grainger Inc:Declares cash dividend of $1.17 per share.Payable on Sept. 1 to shareholders of record date as on Aug. 10.  Full Article

BRIEF-W.W. Grainger reaffirms FY 2016 EPS view $11.40 to $11.70

* W w grainger inc - for full year 2016, company reiterated its sales forecast of 1.5 to 2.5 percent