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W.W. Grainger (GWW)
NYSE:GWW
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Earnings Data
Report Date
Jan 31, 2025Before Open Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$9.77Last Year’s EPS
$8.33Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -1.45%
|Next Earnings Date:Jan 31, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were notable achievements such as strong growth in the Endless Assortment segment and shareholder returns, challenges like a muted demand environment and operating margin declines were evident. The overall sentiment is balanced with both positive and negative aspects being addressed.Company Guidance
During the third quarter of 2024, Grainger reported a total company sales increase of 4.3% on a reported basis and 4% on a daily organic constant currency basis, with operating margins maintaining a healthy 15.6%. The company's diluted EPS rose by 4.7% to $9.87, supported by operating cash flow of $611 million, which facilitated the return of $328 million to shareholders via dividends and share repurchases. The High-Touch Solutions segment saw a 3.3% sales increase on a reported basis and 2.5% on a daily organic constant currency basis, with an operating margin at 17.6%. The Endless Assortment segment achieved an 8.1% sales increase or 11.5% on a daily constant currency basis, with MonotaRO and Zoro contributing significantly to this growth. The company narrowed its full-year 2024 earnings guidance to a daily organic constant currency sales growth range of 4.5% to 5.25% and a diluted adjusted EPS range of $38.65 to $39.35, highlighting ongoing strategic progress and resilience in a muted demand environment.Endless Assortment Segment Growth
Sales increased 8.1% or 11.5% on a daily constant currency basis, with Zoro U.S. up 11.3% and MonotaRO achieving 15.4% growth in local days, local constant currency.
Strong Cash Flow and Shareholder Returns
Operating cash flow came in at $611 million for the quarter, allowing the company to return $328 million to shareholders through dividends and share repurchases.
EPS Growth
Diluted EPS for the quarter was $9.87, up 4.7% from the prior year, aided by higher sales and a lower share count.
Recognition for Workplace Achievements
Grainger was named a top-ranked company on the American Opportunity Index, focusing on career growth for noncollege degree roles.
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GWW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GWW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $1097.44 | $1107.32 | +0.90% |
| Aug 01, 2024 | $973.08 | $938.76 | -3.53% |
| Apr 25, 2024 | $952.62 | $942.20 | -1.09% |
| Feb 02, 2024 | $915.35 | $964.86 | +5.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does W.W. Grainger (GWW) report earnings?
W.W. Grainger (GWW) is schdueled to report earning on Jan 31, 2025, Before Open Not Confirmed.
What is W.W. Grainger (GWW) earnings time?
W.W. Grainger (GWW) earnings time is at Jan 31, 2025, Before Open Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GWW EPS forecast?
GWW EPS forecast for the fiscal quarter 2024 (Q4) is $9.77.
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