W.W. Grainger Inc. (GWW) reported first quarter EPS of $2.88 Tuesday morning, down from $3.18 a year ago. Analysts expected EPS of $2.99. The company also slashed its full year EPS forecast to between $10.00 and $11.30 from prior expectations of $11.30 to $12.40. The consensus estimate is for EPS of $11.87.
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