Grainger Sees 2024 Net Sales $17.1B-$17.3B, (Prior $17B-$17.3B); Sees EPS $38.65-$39.35 (Prior $38.00-$39.50)
Portfolio Pulse from Benzinga Newsdesk
Grainger has updated its 2024 financial guidance, projecting net sales between $17.1 billion and $17.3 billion, slightly up from the previous range. The EPS forecast is now $38.65 to $39.35, a slight adjustment from the prior range.
October 31, 2024 | 12:02 pm
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Grainger has slightly adjusted its 2024 financial guidance, increasing the lower end of its net sales forecast to $17.1 billion and slightly narrowing its EPS range to $38.65-$39.35.
The update in guidance shows a slight increase in the lower end of net sales and a minor adjustment in EPS, indicating a stable outlook. The changes are not significant enough to suggest a major impact on the stock price in the short term.
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