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GWW WW Grainger News Story

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IndustrialsConservativeLarge CapHigh Flyer

WW Grainger rises after Q3 profit beat

** Shares of industrial tools supplier WW Grainger GWW.N rise nearly 3% to about $984

** GWW beats Q3 profit estimates, helped by higher pricing for its industrial tools and equipment and strong sales from its online businesses

** Posts Q3 adj. profit of $10.21/share, beating analysts' estimates of $9.95/share - data compiled by LSEG

** Raises FY gross profit margin forecast to 38.9% to 39.1% from 38.6% to 38.9% earlier

** However, co narrows its FY 2025 profit forecast while maintaining a midpoint of roughly $39.38/share

** Including session's moves, shares down 6.7% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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