Grainger (GWW) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

W.W. Grainger, Inc. (GWW) has reported earnings per share of $9.62 in first-quarter 2024, beating the Zacks Consensus Estimate of$9.58. The bottom line improved 0.1% year over year.Grainger’s quarterly revenues rose 3.5% year over year to $4.24 billion. The top line missed the Zacks Consensus Estimate of$4.27 billion. Daily sales increased 3.5% from the prior-year quarter. We predicted daily sales to increase 4.2%.The High-Touch Solutions N.A. segment’s daily sales rose 3.4% in the quarter from the first ...