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W W Grainger Inc (GWW.N)

GWW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

W W Grainger sees FY 2017 EPS of $10.40 to $10.90
Friday, 10 Nov 2017 10:45am EST 

Nov 10 (Reuters) - W W Grainger Inc ::Sees FY 2018 earnings per share $10.60 to $11.80.Says for full year 2017 sales guidance of 1.5 to 2.5 percent growth and earnings per share guidance of $10.40 to $10.90​.Says ‍for full year 2018, co is forecasting sales growth of 3 percent to 7 percent and earnings per share of $10.60 to $11.80​.Says ‍reiterated longer term operating margin target of 12 to 13 percent in 2019, excluding items​.FY2018 earnings per share view $11.04, revenue view $10.88 billion -- Thomson Reuters I/B/E/S.  Full Article

Grainger receives 'follow-on' multiple award schedule from the general services administration
Friday, 27 Oct 2017 09:00am EDT 

Oct 27 (Reuters) - W W Grainger Inc :Grainger receives 'follow-on' multiple award schedule from the general services administration.W W Grainger Inc - ‍New contract will go into effect on Nov. 10, 2017, with an initial five-year term​.W W Grainger Inc - ‍New contract can be renewed for three additional five-year terms upon mutual agreement​.W W Grainger Inc - ‍New schedule 51V contract will enable Grainger to continue to serve many Federal government customers​.  Full Article

W W Grainger posts Q3 earnings of $2.79 per share
Tuesday, 17 Oct 2017 08:00am EDT 

Oct 17 (Reuters) - W W Grainger Inc :W W Grainger reports results for the 2017 third quarter.Q3 sales $2.6 billion versus i/b/e/s view $2.65 billion.Q3 earnings per share $2.79.Sees FY 2017 sales up 1.5 to 2.5 percent.Q3 earnings per share view $2.56 -- Thomson Reuters I/B/E/S.Qtrly ‍adjusted EPS of $2.90​.Says ‍narrows 2017 guidance and maintains EPS midpoint​.Now expects 2017 sales growth of 1.5 to 2.5 percent​.Says ‍now expects 2017 earnings per share of $10.40 to $10.90​.FY 2017 earnings per share view $10.37, revenue view $10.38 billion -- Thomson Reuters I/B/E/S.  Full Article

W W Grainger says entered into five-year syndicated revolving credit facility agreement - SEC filing ​
Tuesday, 10 Oct 2017 09:33am EDT 

Oct 10 (Reuters) - W W Grainger Inc :W W grainger - ‍on October 6, 2017, co, as borrower, entered into a five-year syndicated revolving credit facility agreement- SEC filing ​.W W Grainger Inc - ‍pursuant to credit facility,co, units may obtain loans on revolving basis amount not exceeding U.S. dollar equivalent of $750 million​.W W Grainger Inc - credit facility replaces the co's former $900 million unsecured revolving credit facility, dated as of August 22, 2013 - SEC filing‍​.W W Grainger Inc - ‍credit facility is unsecured and repayable at maturity on October 6, 2022 ​.  Full Article

Grainger announces retirement of Jim Ryan as board chairman
Wednesday, 2 Aug 2017 09:00am EDT 

Aug 2 (Reuters) - W W Grainger Inc :Grainger announces retirement of Jim Ryan as board chairman.W W Grainger Inc - ‍board of directors has named DG Macpherson, Grainger CEO, to assume additional role of chairman​.  Full Article

W W Grainger sets quarterly cash dividend of $1.28per share
Wednesday, 26 Jul 2017 12:17pm EDT 

July 26 (Reuters) - W W Grainger Inc :Sets quarterly cash dividend of $1.28per share.  Full Article

Grainger reports second quarter results
Wednesday, 19 Jul 2017 08:01am EDT 

July 19 (Reuters) - W.W.Grainger Inc :Grainger reports results for the 2017 second quarter.Q2 earnings per share $1.67.Q2 sales $2.6 billion versus I/B/E/S view $2.63 billion.Q2 earnings per share view $2.65 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $2.74.W W Grainger Inc - reiterated its 2017 sales and earnings per share guidance of sales growth of 1 to 4 percent.W W Grainger Inc -"‍Q2 was in line with our expectations"​.W W Grainger Inc - ‍reiterated its 2017 sales and earnings per share guidance of sales growth of 1 to 4 percent and adjusted earnings per share of $10.00 to $11.30​.W W Grainger Inc - reiterated its 2017 adjusted earnings per share of $10.00 to $11.30.W W Grainger Inc qtrly ‍reported EPS of $1.67 reflects $1.07 per share of charges primarily from streamlining "unprofitable businesses"​.W W Grainger Inc - Canadian business announced plans to close 59 branches in 2017 as part of restructuring to return to profitable growth.FY2017 earnings per share view $10.36, revenue view $10.38 billion -- Thomson Reuters I/B/E/S.W W Grainger Inc - company also announced wind-down of its business in Colombia.W W Grainger Inc - Ron Jadin, senior vice president and chief financial officer announced today that he will be retiring at year-end.W W Grainger Inc - an external search has been launched to identify Ron Jadin successor.W W Grainger Inc - 2017 Q2 contained $20 million of restructuring charges related to facility and headcount reductions.  Full Article

W W Grainger says issued $400 million of 4.20% senior notes due 2047
Monday, 22 May 2017 12:54pm EDT 

May 22 (Reuters) - W W Grainger Inc :On May 22, 2017, co issued $400 million of its 4.20% senior notes due 2047 upon completion of a public offering - SEC filing.Notes are senior unsecured obligations of company and will mature on May 15, 2047- sec filing.Interest on notes is payable semi-annually on May 15 and November 15, beginning on November 15, 2017.  Full Article

W W Grainger announces offering of $400 mln aggregate principal amount
Wednesday, 17 May 2017 06:19am EDT 

May 17 (Reuters) - W W Grainger Inc -:W W Grainger Inc - offering $400 million aggregate principal amount of 4.20% senior notes due 2047 - sec filing.W W Grainger - interest on notes payable semi-annually in arrears on May 15, Nov 15 of each year, beginning on Nov 15, 2017; notes to mature on May 15, 2047.  Full Article

W.W. Grainger increases quarterly dividend by 5 percent
Wednesday, 26 Apr 2017 11:30am EDT 

April 26 (Reuters) - W.W. Grainger Inc ::Grainger increases quarterly dividend by 5 percent.Increases quarterly cash dividend by 5 percent to $1.28 per share.  Full Article

BRIEF-W W Grainger sees FY 2017 EPS of $10.40 to $10.90

* Says for full year 2017 sales guidance of 1.5 to 2.5 percent growth and earnings per share guidance of $10.40 to $10.90​