WW Grainger beats quarterly profit expectations on higher pricing, e-commerce sales
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WW Graingerexceeded third-quarter profit expectations, reporting an adjusted profit of $10.21 per share against an anticipated $9.95. The increase was attributed to higher pricing in its High Touch Solutions segment, which saw a 3.4% sales rise, and an 18.2% boost in its Endless Assortment segment driven by e-commerce sales. The company also narrowed its 2025 earnings forecast to approximately $39.38 per share and raised its annual gross profit margin outlook to 38.9%-39.1%. Total revenue reached $4.66 billion, a 6.1% increase year-over-year.
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