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GWW WW Grainger Inc

920.30
-1.05 (-0.11%)
02 May 2024 - Closed
Delayed by 15 minutes
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

Grainger Lowers Revenue and Market-Growth Guidance

24/07/2019 2:13pm

Dow Jones News


WW Grainger (NYSE:GWW)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more WW Grainger Charts.
   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.

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