Edition:
United Kingdom

W W Grainger Inc (GWW.N)

GWW.N on New York Stock Exchange

230.05USD
19 Jan 2018
Change (% chg)

$2.52 (+1.11%)
Prev Close
$227.53
Open
$228.48
Day's High
$231.89
Day's Low
$228.22
Volume
160,420
Avg. Vol
197,007
52-wk High
$262.45
52-wk Low
$155.00

Latest Key Developments (Source: Significant Developments)

MonotaRO to set up JV in Shanghai with Sumitomo
Friday, 15 Dec 2017 

Dec 15 (Reuters) - MonotaRO Co Ltd <3064.T> ::Says it plans to set up a joint venture in Shanghai, China, in January 2018, with Sumitomo Corp <<<8053.T>>>.JV will be mainly engaged in planing, supply and sale of industrial indirection material .Says JV will be capitalized at 20 million yuan (about 340 million yen) and co will own a 75 percent stake in it .  Full Article

W W Grainger sees FY 2017 EPS of $10.40 to $10.90
Friday, 10 Nov 2017 

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 

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 

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 

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 reported July 2016 sales results
Thursday, 11 Aug 2016 

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 

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 

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 

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

BRIEF-W W Grainger Says Size Of Board Increased To 11 Directors On Dec 12 - SEC Filing

* W W GRAINGER INC SAYS WITH DEC 12 APPOINTMENT OF LUCAS WATSON TO BOARD, SIZE OF BOARD WAS INCREASED TO 11 DIRECTORS - SEC FILING Source text: (http://bit.ly/2z7kAY5) Further company coverage: