- WW Grainger’s net sales for the first quarter reached $4.24 billion, marking a 3.5% increase from the previous year.
- The estimated amount was slightly higher at $4.27 billion.
- Gross profit margin was 39.4%, a slight decrease when compared to 39.9% the previous year.
- However, this figure was still higher than the estimated 39.3%.
- Operating margin came in at 15.8%, a decrease from 16.6% year on year.
- It was slightly below the estimate of 15.9%.
- Operating earnings amounted to $669 million, down 1.6% from the previous year.
- These earnings were slightly below the estimate of $674 million.
- Daily sales increased by 3.5%, lower than the estimated increase of 4.24%.
- Earnings per share (EPS) equaled $9.62, a slight increase from $9.61 the previous year.
- This figure was marginally below the estimated EPS of $9.63.
- The stock currently has 2 ‘buy’ recommendations, 11 ‘hold’ recommendations, and 3 ‘sell’ recommendations.
Ww Grainger Inc on Smartkarma
Analyst Coverage of W.W. Grainger Inc on Smartkarma
Analysts on Smartkarma, such as Baptista Research, have been closely monitoring W.W. Grainger Inc’s performance. In a report titled “W.W. Grainger: Adapting to E-commerce: Strategic Shifts in Distribution and Pricing! – Major Drivers” with a bullish sentiment, Baptista Research highlights the company’s robust fourth quarter and full-year results for 2023. W.W. Grainger achieved record sales and earnings, attributed to its strategic focus on delivering optimal customer experience and service. The firm’s heavy investments in technology and supply chain enhancements, particularly in its High-Touch Solutions model, have driven a significant digital transformation in its operations.
A look at Ww Grainger Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
W.W. Grainger Inc, a company distributing maintenance and operating supplies, is projected to have a promising long-term outlook based on Smartkarma Smart Scores. With strong scores in Growth and Momentum, the company is positioned for future expansion and market performance. The high Growth score indicates potential for increasing profitability and market share, while the robust Momentum score reflects positive trends driving the company’s stock performance. Despite moderate scores in Value and Dividend, the solid Resilience score suggests stability and the ability to withstand market fluctuations.
In summary, W.W. Grainger Inc, a distributor of maintenance and operating supplies in North America, shows favorable indications for long-term success. With a focus on growth and momentum, the company appears well-positioned to capitalize on market opportunities and drive shareholder value in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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