W.W. Grainger Inc
GWW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<gk | LOCK|^PF | LOCK|PL@wk<>k |
Grainger Earnings: In Line with Our Expectations; Shares Look Expensive
Grainger's third-quarter revenue grew about 4% year over year to $4.4 billion, edging our estimate. Operating margin slid 30 basis points to 15.6%, 30 basis points below our forecast. Even so, EPS grew 5% due to revenue growth and a lower share count. Management left 2024 guidance mostly unchanged.
