W.W. Grainger, Inc. (GWW) Tops Q1 EPS by 11c
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W.W. Grainger, Inc. (NYSE: GWW) reported Q1 EPS of $3.07, $0.11 better than the analyst estimate of $2.96. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.39 billion.
Revenue results for the quarter included 2 percentage points from acquisitions, net of dispositions, and a 2 percentage points reduction from foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 5 percent driven by 4 percentage points from volume, 1 percentage point from price and 1 percentage point from higher sales of seasonal products, partially offset by a 1 percentage point decline from business disruptions due to the extreme weather that closed some customer and Grainger facilities across parts of North America during the months of January and February.
For earnings history and earnings-related data on W.W. Grainger, Inc. (GWW) click here.
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