Grainger (GWW) Tops Q4 EPS by 74c, Raises FY EPS Guidance

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Go back to Grainger (GWW) Tops Q4 EPS by 74c, Raises FY EPS Guidance

Grainger Reports Results For Year Ended December 31, 2017

January 24, 2018 8:00 AM EST

CHICAGO, Jan. 24, 2018 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the year ended Dec. 31, 2017.  Sales of $10.4 billion were up 3 percent versus $10.1 billion in 2016.  Reported net earnings of $586 million declined 3 percent versus $606 million in 2016.  Reported earnings per share of $10.02 were up 2 percent versus $9.87 in 2016. 

"Overall we were pleased with the year.  We made progress by removing the pricing barrier and improving service for customers while improving our cost structure.  This continued in the fourth quarter with strong performance, as customers responded positively to our actions.  We're encouraged that we... More