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Grainger earnings drop 7 percent in Q4

Staff Writer | January 25, 2017
Grainger revealed a profit for fourth quarter that lost ground compared to the same period last year.
Grainger
Grainger   Profit fell to $146.92 million
The company said its profit fell to $146.92 million, or $2.45 per share. This was down from $157.85 million, or $2.49 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 0.4% to $2.47 billion. This was down from $2.48 billion last year.

Grainger earnings at a glance:

- Earnings (Q4): $146.92 million vs. $157.85 million last year
- Earnings Decline (Y-o-Y): -6.9%
- EPS (Q4): $2.45 vs. $2.49 last year
- EPS Decline (Y-o-Y): -1.6%
- Revenue (Q4): $2.47 billion vs. $2.48 billion last year
- Revenue Change (Y-o-Y): -0.4%

-Guidance:

Full year EPS guidance: $11.30 to $12.40.


 

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