W.W. Grainger reported its fourth-quarter earnings for fiscal year 2024, revealing an adjusted earnings per share (EPS) of $9.71, which missed estimates by $0.03. The company's revenue for the quarter was $4.23 billion, falling short of expectations by $40 million. The net income for the quarter was $475 million. Looking ahead, Grainger projects net sales for 2025 to be between $17.6 billion and $18.1 billion, reflecting a growth rate of 2.7% to 5.2%. The company also anticipates an EPS in the range of $39.00 to $41.50 and an operating margin between 15.1% and 15.5%. In pre-market trading, W.W. Grainger shares dropped by 3.6%.
W.W. Grainger, $GWW, Q4 FY24 Earnings Report: š Adj. EPS: $9.71 š“ š° Revenue: $4.23B š“ š Net Income: $475M š 2025 Outlook: Sales: $17.6B - $18.1B (+2.7% - 5.2%) EPS: $39.00 - $41.50 Operating Margin: 15.1% - 15.5%
$VSTS (-3.5% pre) Vestis Non-GAAP EPS of $0.14 beats by $0.02, revenue of $683.8M misses by $5.09M - SA https://t.co/fx1s7jwfum
$GWW (-3.6% pre) W.W. Grainger Non-GAAP EPS of $9.71 misses by $0.03, revenue of $4.2B misses by $40M - SA https://t.co/Gxx8OjSzsA