Seeking Alpha

More on W.W. Grainger's Q3

  • W.W. Grainger (GWW) says Q3 results were clipped by a weak macroeconomic environment and unfavorable foreign exchange rates during the period.
  • Sales growth of 6% in the U.S. was led by five percentage points from volume gains and one percentage point from acquisitions.
  • The company lowers FY13 EPS to a narrowed range of $11.45-$11.65, from $11.40-$12.00 prior and $11.70 consensus.
  • GWW -2.2% premarket.
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