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Share Name | Share Symbol | Market | Type |
---|---|---|---|
WW Grainger Inc | NYSE:GWW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.05 | -0.11% | 920.30 | 931.79 | 918.9601 | 921.00 | 245,586 | 01:00:00 |
By Dave Sebastian
W.W. Grainger Inc. (GWW) lowered its 2019 revenue guidance to between 2% and 5% growth as it said it faces weaker demand and performance at its Acklands-Grainger and Cromwell businesses.
The industrial-products distributor also lowered its estimate for market growth to negative 1% to positive 2% from positive 1% to 4%.
The company on Wednesday posted higher profit along with higher sales.
Grainger maintained its guidance ranges for gross profit margin, operating margin and earnings per share.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
July 24, 2019 08:58 ET (12:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year WW Grainger Chart |
1 Month WW Grainger Chart |
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