Grainger's bad miss should be troubling
Grainger's | July 19, 2016
Today, W.W. Grainger, a supplier of motors, fasteners and other industrial parts, reported second-quarter profit that missed analysts' estimates by the widest margin since at least 2006. It was by all accounts a dismal showing, as operating margins also came up short and Grainger had to cut its full year sales and earnings guidance.