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W W Grainger Inc (GWW.N)

GWW.N on New York Stock Exchange

306.11USD
15 Nov 2018
Change (% chg)

$5.73 (+1.91%)
Prev Close
$300.38
Open
$299.52
Day's High
$307.17
Day's Low
$296.50
Volume
158,756
Avg. Vol
179,863
52-wk High
$371.57
52-wk Low
$194.74

Latest Key Developments (Source: Significant Developments)

Grainger Names Thomas Okray CFO
Monday, 2 Apr 2018 

April 2 (Reuters) - W W Grainger Inc ::GRAINGER NAMES THOMAS OKRAY CFO.SAYS CFO RON JADIN TO RETIRE.JOSEPH HIGH TO RETIRE AS CHIEF PEOPLE OFFICER.MOST RECENTLY, OKRAY SERVED AS EVP AND CFO FOR ADVANCE AUTO PARTS.  Full Article

Grainger Posts Q4 Adjusted Earnings Per Share $2.94
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - W W Grainger Inc ::GRAINGER REPORTS RESULTS FOR YEAR ENDED DECEMBER 31, 2017.Q4 EARNINGS PER SHARE $2.63.Q4 EARNINGS PER SHARE VIEW $2.20 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 SALES UP 3 TO 7 PERCENT.SEES FY 2018 EARNINGS PER SHARE $12.95 TO $14.15.QTRLY ADJUSTED EARNINGS PER SHARE $2.94.‍SALES FOR 2017 Q4 OF $2.6 BILLION WERE UP 7 PERCENT VERSUS 2016 Q4​.FY2018 EARNINGS PER SHARE VIEW $11.39, REVENUE VIEW $10.88 BILLION -- THOMSON REUTERS I/B/E/S.‍AS A RESULT OF U.S. TAX REFORM, CO IS CURRENTLY PROJECTING A TAX RATE OF 23.0 TO 26.0 PERCENT FOR 2018.  Full Article

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 announces retirement of Jim Ryan as board chairman
Wednesday, 2 Aug 2017 

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 

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 

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

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