Shares of W.W. Grainger (GWW +7.2%) are up handily after this morning's earnings beat as the...

|About: W.W. Grainger, Inc. (GWW)|By:, SA News Editor

Shares of W.W. Grainger (GWW +7.2%) are up handily after this morning's earnings beat as the company guides higher on the low end for FY2013 revenue and EPS. GWW "now expects 5-9% sales growth and EPS of $11.30-12.00," as daily sales growth should be 5-10% and gross margins should expand by 20-30 basis points going forward. The company also sees a $.05-.07 hit to FY2013 EPS from movements in the yen. (See earnings transcript)