GWW Stock Recent News

Housebuilder Grainger Plc (LSE:GRI) said in a post-close trading update on Thursday that it had a year of "record delivery" and accelerated rental growth sales.   The housebuilder said total like-for-like rental growth was 7.7% for the remainder of fiscal 2023, up from 6.8% at the half-year point.

The ongoing weakness in order levels mars the near-term outlook for the Zacks Industrial Services industry. The likes of GWW, MSM, HI and BOOM will gain from their heightened focus on enhancing digital capabilities.

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W.W. Grainger, Inc (NYSE:GWW ) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Kyle Bland - Vice President, Investor Relations D.G. Macpherson - Chairman and Chief Executive Officer Dee Merriwether - Senior Vice President and Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Ryan Merkel - William Blair David Manthey - Baird Chris Snyder - UBS Christopher Glynn - Oppenheimer Jacob Levinson - Melius Research Patrick Baumann - JPMorgan Operator Good morning and welcome to the W.W.

W.W. Grainger (GWW) came out with quarterly earnings of $9.28 per share, beating the Zacks Consensus Estimate of $8.96 per share. This compares to earnings of $7.19 per share a year ago.

Investors interested in stocks from the Industrial Services sector have probably already heard of Siemens AG (SIEGY) and W.W. Grainger (GWW).

Grainger's (GWW) second-quarter 2023 performance is likely to have benefited from strong growth in both of its segments and gains from cost-reduction actions.

Here is how W.W. Grainger (GWW) and Hubbell (HUBB) have performed compared to their sector so far this year.

Grainger (GWW) intends to build a distribution center in Gresham, OR, to better serve its customers.

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