Most of these firms believe that the Company has the potential to double its EPS by FY13, if economic conditions favor. These firms also believe that the Company has excess cash flow, which it should use for accretive acquisitions. According to these firms, Grainger is a market leader for industrial and facility maintenance supplies in large fragmented markets. These firms expect Grainger to grow its revenue through expanded product offerings, market presence, and customer coverage. Moreover, its margin initiatives and supply chain initiatives will drive improved operating margin performance.
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