Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- GWW reported EPS of $9.62, beating estimates, with revenues rising 3.5% year over year. - Daily sales grew 3.5%, slightly missing the estimated 4.2% increase. - High-Touch Solutions N.A. segment daily sales rose 3.4% and Endless Assortment segment daily sales grew 3.7%. - Operating margin declined to 15.8%. - Grainger expects net sales between $17.2 billion and $17.7 billion for 2024. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
- GWW reported EPS of $9.62, beating estimates, with revenues rising 3.5% year over year.
- Daily sales grew 3.5%, slightly missing the estimated 4.2% increase.
- High-Touch Solutions N.A. segment daily sales rose 3.4% and Endless Assortment segment daily sales grew 3.7%.
- Operating margin declined to 15.8%.
- Grainger expects net sales between $17.2 billion and $17.7 billion for 2024.
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