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W.W. GRAINGER, INC.

(GWW)
  Report
Delayed Nyse  -  04:00:02 2023-02-08 pm EST
663.77 USD   -2.14%
02/03Oppenheimer Adjusts W.W. Grainger Price Target to $785 From $660, Maintains Outperform Rating
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02/03RBC Boosts Price Target on W.W. Grainger to $502 From $439 After Q4 Earnings Beat, Upbeat 2023 Guidance; Underperform Kept
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W W Grainger : Grainger Announces Jeff Whittemore as New Vice President of Infrastructure

11/29/2022 | 10:09pm EST
Nov 29, 2022
Download this Press Release PDF Format (opens in new window)

CHICAGO, November 29, 2022 - Grainger (NYSE: GWW), the leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced that Jeff Whittemore joined the company as Vice President, Infrastructure. In this role, he will be responsible for continuing to advance Grainger's core infrastructure and networking.

"We are excited to welcome Jeff to the company as we continue to build next-generation technology to drive growth and service for customers," said Jonny LeRoy, Chief Technology Officer, Grainger." Jeff brings with him impressive breadth and depth of experience and I look forward to seeing how his passion and new ideas will help advance our modernization journey and strategy."

Whittemore has nearly 40 years of industry experience in infrastructure and operations. He most recently spent nine years at Ulta Beauty where he was responsible for Ulta Beauty's Data Center and Cloud Infrastructure, as well as overseeing operations for enterprise IT systems. Additional career highlights include serving as Vice President, Infrastructure and Compliance, for ArrowStream, founding his own IT consulting practice and creating several startup companies.

Whittemore reports to LeRoy and will be based at Grainger's Chicago-area headquarters.

For more information on careers at Grainger, visit https://jobs.grainger.com.

About Grainger
W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit www.grainger.com.

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W.W. Grainger Inc. published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 03:02:05 UTC.


ę Publicnow 2022
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Financials (USD)
Sales 2022 15 185 M - -
Net income 2022 1 520 M - -
Net Debt 2022 2 030 M - -
P/E ratio 2022 23,1x
Yield 2022 1,02%
Capitalization 34 273 M 34 273 M -
EV / Sales 2022 2,39x
EV / Sales 2023 2,21x
Nbr of Employees 23 450
Free-Float 41,6%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 17
Last Close Price 678,28 $
Average target price 660,08 $
Spread / Average Target -2,68%
EPS Revisions
Managers and Directors
Donald G. Macpherson Chairman & Chief Executive Officer
Deidra Cheeks Merriwether Chief Financial Officer & Senior Vice President
Jonny LeRoy Chief Technology Officer & Vice President
Neil S. Novich Independent Director
Michael James Roberts Independent Director
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