Forecast-topping earnings performance in the last reported quarter and upbeat outlook for 2018 have contributed to Grainger' rally ... increase of 11 percentage point (pp) from volume growth.

As a result of the U.S. tax reform, Grainger expects corporate tax rate at the mid-point to decline to 24.5% from 36% in 2018, which will benefit EPS by $2.15 in 2018. Rising Business Investment ...