RBC Affirms Grainger (GWW) at 'Underperform'; Prelim. FY17 Outlook Slightly Below Views
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Stifel Raises Price Target on Grainger (GWW) to $224.00 Following Analyst Day
November 14, 2016 9:37 AM ESTStifel reiterated a Hold rating on WW Grainger (NYSE: GWW), and raised the price target to $224.00 (from $210.00), following the company's analyst day. Management noted that 2017 will be a tough year, guiding EPS to $11.30-$12.40 (vs.$12.21 consensus). Stifel remains cautious on GWW given the... More
Grainger (GWW) Updates on FY16 - 17 Guidance; EPS Flat with Consensus Views
November 11, 2016 11:26 AM ESTGrainger (NYSE: GWW) held its Annual Analyst Meeting in Lake Forest, Illinois. DG Macpherson, Grainger Chief Executive Officer, hosted the event. The meeting also included presentations from other Grainger leaders.
"Over the past several years, we have invested to position our business for long-term success and meet the evolving needs of our customers," said Chief Executive Officer DG Macpherson. He added, "We are leveraging these investments to provide unique value to customers of all types and sizes. And, we expect to enhance our industry-leading customer experience by making our pricing simpler and... More
Grainger (GWW) Reports Flat Daily Sales for Oct. 2016
November 11, 2016 11:24 AM ESTGrainger (NYSE: GWW) reported sales results for the month of October 2016. Company daily sales were flat in October of 2016 versus October of 2015, driven by a 1 percentage point increase in volume offset by a 1 percent decline in price. The month of October... More
