Company Overview - W.W. Grainger Inc. is a broad line, business-to-business distributor of maintenance, repair, and operating (MRO) products and services, incorporated in 1928 [11] - The company's operations are primarily in North America, Japan, and the U.K., serving a wide array of industries including government, manufacturing, transportation, commercial, and contractors [11] Financial Performance - W.W. Grainger has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance metrics [12] - The company is forecasted to achieve year-over-year earnings growth of 7.3% for the current fiscal year [12] - The Zacks Consensus Estimate for fiscal 2024 has increased by $0.09 to $39.34 per share, with three analysts revising their earnings estimates higher in the last 60 days [12] - W.W. Grainger boasts an average earnings surprise of 3.6% [12] Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, W.W. Grainger is recommended as a potential investment opportunity for growth investors [13]
Here's Why W.W. Grainger (GWW) is a Strong Growth Stock