Grainger (GWW) Tops Q2 EPS by 20c; Trims FY15 Outlook
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Grainger Reports Results For The 2015 Second Quarter
July 17, 2015 7:30 AM EDTCHICAGO, July 17, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2015 second quarter ended June 30, 2015. Sales of $2.5 billion increased 1 percent versus $2.5 billion in the 2014 second quarter. There were 64 selling days in the quarter, the same as in 2014. Net earnings for the quarter increased 7 percent to $221 million versus $206 million in 2014. Earnings per share of $3.25 increased 11 percent versus $2.94 in 2014. Â
"While this continues to be a difficult economic environment, we are focusing on the things we can control," said Chairman, President and Chief Executive Officer Jim Ryan. "Despite continued softness in sales... More
