2024-06-21 03:50:55 ET
Summary
- GWW's High-Touch Solutions segment outperformed the market, but industry growth drivers are weakening in 2024.
- Challenges in the Endless Assortment segment due to seasonality and cost-price hike lag, affecting its operating profit margin.
- Going forward, I expect volume growth and pricing correction to accelerate revenue growth.
GWW Looks To Stay On Its Course
I discussed W.W. Grainger (GWW) in the past, and you can read the previous article here , published on April 8, 2024. Since then, the company has outperformed the market in its High-Touch Solutions segment. I think volume growth should accelerate revenue growth in the coming quarters. The industry growth drivers, however, appear to be losing ground in 2024....
Read the full article on Seeking Alpha
For further details see:
W.W. Grainger Holds A Steady Ground With Margin Challenges