Jan 31 - Industrial maintenance and safety products supplier WW Grainger GWW.N on Friday forecast annual profit and revenue below Wall Street expectations, after missing the estimates for fourth-quarter results, citing a muted demand environment.
Shares of the company, which provides tools and industrial products to home improvement retailers, construction businesses and aerospace manufacturers, were down 6.8% in premarket trading following the results.
The Lake Forest, Illinois-based company expects 2025 earnings per share between $39 and $41.5, compared with analysts' average estimate of $42.14, according to data compiled by LSEG.
Grainger projected its full-year sales to be between $17.6 billion and $18.1 billion, below the estimates of $18.2 billion.
The company's fourth-quarter adjusted profit of $9.71 per share fell short of the estimates of $9.75.
Its quarterly net sales came in at $4.23 billion, up from about $4 billion from a year earlier. Analysts on average were expecting $4.24 billion.
(Reporting by Aishwarya Jain; Editing by Shreya Biswas)
((Aishwarya.Jain@thomsonreuters.com;))
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