-=Grainger (GWW) reported earnings on Thur 2 Feb 23 (b/o)

 

Grainger beats by $0.14, reports revs in-line; guides FY23 EPS above consensus, revs above consensus

• Reports Q4 (Dec) earnings of $7.14 per share, excluding non-recurring items, $0.14 better than the S&P Capital IQ Consensus of $7.00; revenues rose 13.2% year/year to $3.8 bln vs the $3.81 bln S&P Capital IQ Consensus.
• Co issues upside guidance for FY23, sees EPS of $32.00-34.50, excluding non-recurring items, vs. $30.66 S&P Capital IQ Consensus; sees FY23 revs of $16.2-16.8 bln vs. $15.93 bln S&P Capital IQ Consensus.
• In the High-Touch Solutions N.A. segment, sales were up 16.8%, or 17.2% on a daily, constant currency basis versus the fourth quarter of 2021 driven by strong price realization and continued volume growth. In the Endless Assortment segment, sales were up 0.9%, or 18.2% on a daily, constant currency basis versus the fourth quarter of 2021. Growth in the segment was driven by strong new customer acquisition and repeat business for the segment, as well as enterprise customer growth at MonotaRO.

Earnings this week : Jan 30 - Feb 3, 23 (wk 5)

Monday (Jan 30)

• Morning:  BEN GEHC PHG SOFI
• Afternoon: AGNC ARE CADE ELS GGG HLIT HTLF HP JJSF NXPI PCH PFG SANM WHR WWD

Tuesday (Jan 31)

• Morning: AOS ALGM CAT CVLT GLW DOV AQUA XOM GM HUBB IMO IP KEX LII MAN MPC MCD MDC MCO MPLX MSCI NYCB NVR PNR PFE PSX PBI PII PHM ST SPOT SYY UBS UPS
• Afternoon:  AMD DOX AMGN APAM ASH BXP CP CB CACC EW EA HA IEX JNPR MTCH MRCY MDLZ NATI OI RNR SNAP SYK SMCI UNM VREX WDC

Wednesday (Feb 1)

• Morning:  MO ABC ATKR BSX EAT GIB CMCO DT EPD EVR FTV HUM JCI NVS ODFL OTIS PTON SMG SLAB SR TMUS TMO TGI WM WRK
• Afternoon:  EGHT AFL ALGN ALGT ALL AFG AVT BHE BDN CHRW CCS CHX CLB CTVA DXC ELF ENVA GL THG HOLX KRC KLIC LSTR LFUS MXL MCK MTH META MET MTG MAA MUSA NTGR PTC QRVO RYN RRX SLM SITM TTEK TBI UGI VSTO

Thursday (Feb 2)

• Morning: FLWS ABB WMS APD ATI AME APTV ARW ABG AVY BALL BCE BDX BERY TECH BMY BR BIP BC GOOS CAH CMS CNHI COP DLX DGII LLY EL RACE FCFS GWW HBI HOG HSY HON ITW ICE JHG LANC LAZ LEA MTSI MMP MRK NJR PH PENN PBH DGX RCI SBH SNDR SIRI SNA SWK TW TT WNC WEC
• Afternoon:  TWOU ATGE GOOG AMZN AAPL TEAM BZH BILL BYD CPT CRUS CLX CTSH COLM CNMD DECK DLB EXPO F GEN GILD GPRO HIG HUBG KMPR LESL LPLA MANH MEOH MCHP MSTR MTX MWA NFG OHI OTEX PCTY PFSI POST QCOM RGA SIGI SKX SKYW SBUX SNCY SYNA X VIAV WWE

Friday (Feb 3)  

• Morning:  AON ARCB AVTR BEP CBOE CHD CI EAF LYB MOG.A PIPR REGN SAIA SNY TWST WT ZBH

-=Grainger (GWW) reported earnings on Tue 16 Oct 2018 (b/o)

Grainger beats by $0.19, reports revs in-line 

• Reports Q3 (Sep) earnings of $4.19 per share, $0.19 better than the S&P Capital IQ Consensus of $4.00; revenues rose 7.4% year/year to $2.83 bln vs the $2.84 bln S&P Capital IQ Consensus.
• Sales increased 7.4 percent in the 2018 third quarter versus the 2017 third quarter, driven by a 7 percentage point increase from volume and 1 percentage point increase in price, partially offset by a 1 percentage point decline from foreign exchange and the impact of hurricanes.

Grainger (-13%) at five-month low after slight top-line miss, lack of operating margin in US; mgmt sees FY18 at high end of prior guidance -- call notes 

• Sales up 7% (missed by 0.4%); volume up 7%; price up 1%; FX and hurricanes each had -40 bps impact; Normalized gross margin of 38.6%, flat Y/Y.
• Expects volume stabilization in coming quarters and in FY19
• EPS growth of 44% driven by both operating performance and below-the-line items
• Tracking toward high end of all metrics for FY18 guidance
  • Wants pto get away from giving guidance on a quarterly basis -- will likely give annual guidance but not update it quarterly next year
• Tariff exposure -- Directly sourced from China: 20% of US segment COGS; 50% of that is China product subject to tariffs; incremental tariffs of 25% -> increase in US cost of ~2%
  • Will pass on higher costs to customers; mitigate via alternate sourcing or higher prices
• Causing weakness: Lack of operating leverage in the US (margin +20 bps to 15.1%); outlook is much better when sales will be growing 2x op-ex
• Stable gross margin in FY19? Shooting for as close to flat as possible but will give guidance in January.

Earnings this week : October 15 - 19, 2018 (wk 42)

Earnings confirmed to report this week

Monday (Oct 15)

• Morning: BAC  
• Afternoon: JBHT

Tuesday (Oct 16)

• Morning: BLK  CMA FHN DPZ GS  GWW JNJ MS OMC PGR PLD  UNH
• Afternoon:  ADTN CREE CSX FULT HCSG HOPE HWC IBKR IBM  LRCX LTXB MRTN NFLX  PNFP SONC TACO  UAL UFPI

Wednesday (Oct 17)

• Morning: ABT ASML BMI MTB MTG NTRS SVU UNF USB WGO
• Afternoon:  AA BDN BXS CATY CCI CCK CNS EGBN KALU KMI SLG STLD TBK TCBI UMPQ URI WTFC

Thursday (Oct 18)

• Morning:  ADS BBT BK BX DHR DOV ERIC EWBC GPC GTLS HOMB IIIN KEY LNN MDSO NUE NVR NVS PM POOL PPG SAP SASR SBNY SNA SON TRV TSM TTS TXT WBC WBS
• Afternoon: AXP CP CE ETFC EXPO ISRG PYPL SKX WDFC WERN 

Friday (Oct 18)

• Morning: CLF HON IPG KSU MAN MINI PG RCI VFC

Thur Oct 18 a/h

Grainger (GWW) reported earnings on Wed 18 July 18 (b/o)

** charts after earnings **

 

 

Grainger beats by $0.63, beats on revs; raises FY18 EPS above consensus, raises revs slightly 

• Reports Q2 (Jun) earnings of $4.37 per share, excluding non-recurring items, $0.63 better than the Capital IQ Consensus of $3.74; revenues rose 9.4% year/year to $2.86 bln vs the $2.82 bln Capital IQ Consensus, driven by a 9 percentage point increase from volume and 1 percentage point from foreign exchange, partially offset by a 1 percentage point decline from the divestiture of a specialty business.
• Co issues guidance for FY18, raises EPS to $15.05-16.05 from $14.30-15.30, excluding non-recurring items, vs. $15.00 Capital IQ Consensus Estimate; raises FY18 revs to $11.0-11.3 bln from $10.9-11.3 bln vs. $11.19 bln Capital IQ Consensus Estimate; Op. margin to 11.5-11.9% from 11.1-11.5%,

Earnings this week : July 16 - 20, 18 (wk 29)

Earnings expected this week

Monday (July 16)

• Morning: BAC, BLK, JBHT
• Afternoon: NFLX

Tuesday (July 17)

• Morning: UNH, JNJ, GS, PGR, OMC, SCHW, CMA, PLD, FHN, NSM, NEOG
• Afternoon: UAL, CSX, FNF, IBKR, WTFC, HWC, MLNX, PNFP, FULT, MRTN, HOPE, RNST, ADTN, LTXB

Wednesday (July 18)

• Morning: ERIC, NVS, MS, ABT, USB, TXT, GWW, ASML, NTRS, MTB, OACW, MTG, WAFD
• Afternoon: IBM, AXP, AA, KMI, CCK, EBAY, URI, CP, CCI, UFPI, PLXS, PTC, UMPQ, LHO, TCBI, SLG, BXS, RECN, CATY, NDLS, BMI, CNS, CVBF, EGBN, TBK, DWCH

Thursday (July 19)

• Morning: ABB, ADS, BBT, BX, BK, GTLS, DHR, DPZ, DOV, EWBC, FITB, GATX, GPC, HOMB, IIIN, KEY, NUE, PM, POOL, PPG, RCI, RPM, SASR, SAP, SCHL, SBNY, SNA, SON, TSM, TTS, TRV, UNP, WBC, WBS, WNS
• Afternoon: MSFT, COF, CE, CTAS, SKX, SWKS, ISRG, ETFC, SEIC, PBCT, ASB, NWE, WAL, MBFI, FFBC, BDN, FFIN, EXPO, EGP, LLNW

Friday (July 20)

• Morning: GE, HON, SLB, MAN, BHGE, SWK, STT, STI, CFG, RF, KSU, CLF, GNTX, IBKC, SXT, VFC

This week's biggest % winners & losers : Jan 22 - 26, 18 (wk 4)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: MDCO (33.60 +35.32%), NTLA (24.71 +27.17%), JUNO (85.72 +26.41%), ATRA (37.25 +26.27%), ABAX (75.71 +23.79%), KPTI (12.28 +22.68%), FGEN (58.35 +21.94%), GNMK (5.87 +21.53%), SPPI (23.07 +21.23%), CERS (4.99 +21.12%), MDXG (17.21 +21.11%), ACAD (32.13 +19.35%), VNDA (17.25 +18.97%), EDIT (35.96 +18.29%), ABBV (123.21 +17.75%)
• Industrials: GWW (285.26 +24%)
• Consumer Discretionary: NFLX (274.60 +24.56%), HZO (23.8 +22.05%)
• Information Technology: TRVG (8.98 +19.89%)
• Financials: VR (67.45 +44.37%)

This week's top 20 % losers

• Healthcare: CFMS (1.55 -35.42%), PBYI (68.70 -25%), BCRX (4.65 -16.82%)
• Materials: PVG (7.63 -30.38%), RYI (10.85 -13.89%)
• Industrials: BLDP (3.01 -23.99%), UAL (66.56 -12.99%)
• Consumer Discretionary: SHLD (2.54 -30.03%), HZN (9.25 -28.96%), NWL (25.33 -18.87%)
• Information Technology: SANM (27.90 -21.3%), CCRC (17.64 -17.57%), OLED (170.45 -16.3%), COHR (268.91 -15.53%), HIMX (8.27 -15.53%), IIVI (45.00 -15.01%)
• Energy: TK (8.75 -16.51%), RES (20.76 -15.78%), BAS (20.23 -13.51%), CLNE (1.74 -12.12%)

W.W. Grainger (GWW) reported earnings on Wed 24 Jan 18 (BMO)

** charts after earnings **

 

** 2 months later  **

LAKE FOREST, Ill. (AP) _ W.W. Grainger Inc. (GWW) on Wednesday reported fourth-quarter earnings of $151.1 million.

On a per-share basis, the Lake Forest, Illinois-based company said it had net income of $2.63. Earnings, adjusted for one-time gains and costs, were $2.94 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.

The seller of maintenance and other supplies posted revenue of $2.63 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $2.57 billion.

For the year, the company reported profit of $585.7 million, or $10.02 per share. Revenue was reported as $10.42 billion.

W.W. Grainger expects full-year earnings to be $12.95 to $14.15 per share.

W.W. Grainger shares have dropped nearly 3 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 6 percent. The stock has decreased nearly 7 percent in the last 12 months.

This week's biggest % winners & losers : Oct. 16 - 20, 2017 (wk 42)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: SPPI (19.32 +44.61%), CRBP (7.75 +13.97%), CYH (6.44 +11.61%), THC (14.66 +11.48%), TXMD (5.11 +11.46%)
• Materials: VHI (3.36 +14.68%)
• Industrials: GWW (207.81 +14.78%), SALT (8.2 +13.1%),
• Consumer Discretionary: SKX (33.99 +39.59%), ASNA (2 +12.36%), EXPR (6.62 +12.2%), BOOT (8.3 +11.71%), SCSS (33.99 +10.97%)
• Information Technology: TEAM (50.01 +26.16%), SYNT (24.22 +24.88%), NPTN (5.46 +15.43%), CREE (33.82 +15.17%), ADBE (175.46 +13.99%)
• Energy: CLD (4.58 +25.14%)
• Utilities: TERP (13.56 +13%)

This week's top 20 % losers

• Healthcare: ARDX (5.55 -23.71%), MNKD (4.13 -21.85%), TRVN (1.76 -19.63%), CELG (121.4 -11.04%)
• Materials: KLDX (3.22 -16.15%), HMY (1.66 -11.7%)
• Industrials: UAL (59.9 -11.35%)
• Consumer Discretionary: TACO (12.65 -16.61%), CTRP (48.43 -12.25%)
• Information Technology: SNCR (11.43 -19.22%), BMI (43.8 -14.79%), BHE (30.5 -14.08%), NCR (33.05 -11.96%), AAOI (41.41 -11.91%), MTSI (36.99 -11.06%)
• Financials: VIRT (14.3 -16.13%)
• Energy: KEG (10.58 -14.75%), FMSA (3.88 -14.73%), SPN (8.85 -12.98%)
• Consumer Staples: SVU (15.03 -25.59%)

Grainger (GWW) reported earnings on Tue 17 Oct 2017 (b/o)

W. W. Grainger, Inc. is a Fortune 500 industrial supply company founded in 1927 in Chicago.

• Headquarters: Lake Forest, IL
• Number of locations: 151
• grainger.com

** charts before earnings **

  

** charts after earnings **

Grainger beats by $0.23, reports revs in-line; narrows guidance for FY17 EPS above consensus, revs in-line

• Reports Q3 (Sep) earnings of $2.79 per share, $0.23 better than the Capital IQ Consensus of $2.56; revenues rose 1.5% year/year to $2.64 bln vs the $2.65 bln Capital IQ Consensus
  • Sales increased 2 percent and were up 3 percent on a daily basis in the 2017 third quarter versus the prior year. The daily sales performance was driven by 8 percentage points from volume, partially offset by declines of 4 percentage points from price and 1 percentage point from the divestiture of a specialty business in the United States in mid-July
  • Other items that affected sales in the quarter included a 1 percentage point increase from hurricane-related sales in the United States, offset by a 1 percentage point decline in seasonal sales
• Co narrows guidance for FY17, sees EPS of $10.40-10.90 vs. $10.36 Capital IQ Consensus Estimate; sees FY17 revs growth of 1.5-2.5%, which calculates to ~$10.29-10.39 bln vs. $10.37 bln Capital IQ Consensus Estimate.