Grainger (GWW) President/COO Reiterates FY07 Earnings Guidance

May 23, 2007 9:24 AM EDT Send to a Friend
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Grainger (NYSE: GWW) President and Chief Operating Officer James T. Ryan today addressed some 135 analysts attending the annual meeting of the Electrical Products Group of New York.

Ryan reiterated the company's 2007 earnings per share guidance of $4.70 to $4.85 saying, "Grainger's team is aggressive and we're out to win. You've seen that in the first quarter. You should expect to see more of the same in the coming quarters and years. This is our industry. We own it." (Consensus is $4.82)

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