News

W.W. Grainger Inc. cut its outlook for the year on Monday, citing weakening Canadian and Japanese currencies and broader economic softness in Canada. Grainger now expects to post earnings of $12. ...
Lincolnshire-based W.W. Grainger Inc. is buying the industrial supplies distribution unit of Canada’s Acklands Ltd. for $277 million in cash and stock. Grainger, which sells products such as ...
Acklands-Grainger is Canada's largest distributor of industrial, safety and fastener products. It offers more than 350,000 products from its 171 branches and six distribution centers.
Following Grainger's investor day, we raised our fair value estimate to $441 from $415 previously. We increased our revenue expectations from 2023-2025.
Grainger had $2.2 billion of debt outstanding in the first quarter of 2024, which net of $804 million of cash represents a leverage ratio of about 0.5 times.
As the silent partner in a deal heralded by President Donald Trump, Grainger got $7.96 per coverall from U.S. after buying them from DuPont for $4 apiece.