W.W. Grainger rises after upbeat Q4 profit

WW Grainger

02/02/2024 18:42

** Shares of industrial machinery and equipment distributor
W.W. Grainger  GWW.N  rise 4.19% to $961.34
    ** Company posts Q4 adj. EPS of $8.33 vs analysts' est. of
$8.05 - LSEG data
    ** Reports Q4 revenue of $3.99 bln vs analysts' est. of
$4.03 bln
    ** Company expects 2024 net sales to be in the range of
$17.2 bln - $17.7 bln
    ** Stock was up ~48% in 2023

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))