W.W. Grainger (GWW) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - W.W. Grainger reported $4.39 billion in revenue for Q3 2024, a 4.3% year-over-year increase, but fell short of the Zacks Consensus Estimate by 0.38% [1] - The company's EPS for the quarter was $9.87, compared to $9.43 a year ago, but also missed the consensus estimate of $9.98 by 1.10% [1] Financial Performance Metrics - Total reported growth was 4.3%, matching the average estimate from six analysts [3] - Net Sales for High-Touch Solutions N.A. were $3.52 billion, slightly below the average estimate of $3.54 billion, reflecting a year-over-year increase of 3.3% [3] - Net Sales for Other segments reached $82 million, exceeding the average estimate of $76.12 million, with a year-over-year change of 12.3% [3] - Net Sales for Endless Assortment were $791 million, surpassing the average estimate of $786.37 million, marking an 8.1% year-over-year increase [3] - Operating earnings for High-Touch Solutions N.A. were $617 million, below the average estimate of $628.92 million [3] - Operating earnings for Endless Assortment were $70 million, exceeding the average estimate of $63.11 million [3] - Operating losses for Other segments were -$1 million, better than the average estimate of -$2.63 million [3] Stock Performance - W.W. Grainger's shares have returned +5.9% over the past month, outperforming the Zacks S&P 500 composite's +1% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [4]