W.W. Grainger Exceeds Q3 Estimates and Raises Full-Year Fiscal 2026 Guidance
W.W. Grainger (GWW) reported third-quarter financial results that significantly outperformed Wall Street expectations. The company posted a non-GAAP diluted earnings per share of $12.54, beating consensus by $0.88, while revenue reached $5.2 billion, representing a 10.6% year-over-year increase and exceeding estimates by $120 million. Driven by strong performance, the company raised its full-year fiscal 2026 guidance. Grainger now expects adjusted diluted EPS to fall between $47 and $48, surpassing the previous consensus of $46.47. Net sales are projected to reach up to $20 billion, supported by robust organic constant-currency sales growth expectations of 13% to 14.5%.
Tickers: $GWW