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WW Grainger hits three-month high on Q1 profit beat

ReutersMay 1, 2025 1:53 PM

Shares of industrial toolmaker WW Grainger GWW.N rise more than 5% to $1,080.07 per share, highest since January 30

GWW marks its biggest intraday pct jump since April 9

GWW posts Q1 earnings per share of $9.86, ahead of analysts' estimates of $9.49, per LSEG data

Reiterates FY25 outlook; says it is confident in ability to weather tariff impact

Sales at online-only "Endless Assortment" unit rise 10%, while daily sales at High-Touch Solutions segment grow 1.9%

Announces quarterly dividend of $2.26 per share, 10% higher than what it paid in previous quarter

Q1 sales of $4.31 billion vs estimates of $4.32 billion

GWW down ~3% so far this year, as of last close

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