Grainger earnings up as sales miss estimates

W.W. Grainger has reported Q3 earnings of $476 million, with profits reaching $9.43 on a per-share basis. That was ahead of analyst estimates of $8.85 per share. Revenues for the quarter came to $4.21 billion, falling short of estimates of $4.23 billion. The quarter included one fewer selling day than the comparable period of 2022.