W.W. Grainger Raised Mid Point Of FY23 Net Sales Guidance To $16.4 Billion-$16.8 Billion, Compared With Prior View Of $16.2 Billion-$16.8 Billion, Vs $16.57 Billion Consensus
Portfolio Pulse from Benzinga Newsdesk
W.W. Grainger has raised the mid-point of its FY23 net sales guidance to $16.4 billion-$16.8 billion, up from the previous estimate of $16.2 billion-$16.8 billion. The company also expects FY23 EPS to be between $35.00 and $36.75, compared to the previous range of $34.25 to $36.75.
July 27, 2023 | 12:11 pm
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W.W. Grainger has increased its FY23 net sales guidance and EPS expectations, which could positively impact its stock price.
W.W. Grainger's upward revision of its FY23 net sales guidance and EPS expectations indicates a positive outlook for the company's future performance. This could lead to increased investor confidence and a potential rise in the company's stock price.
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