WW Grainger sees 2025 profit, revenue below estimates on weak demand

WW Grainger

31/01/2025 13:47

Jan 31 - Industrial maintenance and safety products
supplier WW Grainger  GWW.N  on Friday forecast annual profit
and revenue below Wall Street expectations, after missing the
estimates for fourth-quarter results, citing a muted demand
environment. 
    Shares of the company, which provides tools and industrial
products to home improvement retailers, construction businesses
and aerospace manufacturers, were down 6.8% in premarket trading
following the results.
    The Lake Forest, Illinois-based company expects 2025
earnings per share between $39 and $41.5, compared with
analysts' average estimate of $42.14, according to data compiled
by LSEG.
    Grainger projected its full-year sales to be between $17.6
billion and $18.1 billion, below the estimates of $18.2 billion.
 
    The company's fourth-quarter adjusted profit of $9.71 per
share fell short of the estimates of $9.75. 
    Its quarterly net sales came in at $4.23 billion, up from
about $4 billion from a year earlier. Analysts on average were
expecting $4.24 billion. 

 (Reporting by Aishwarya Jain; Editing by Shreya Biswas)
 ((Aishwarya.Jain@thomsonreuters.com;))