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$GWW's 1Q16 net sales grew 3% versus 1Q15, mainly driven by the Cromwell acquisition in Sept. 2015 and single channel online businesses in the US and Japan. On a daily basis, sales rose 1%. eCommerce sales grew 15% in 1Q16 and represented 45% of total sales, mainly due to an increase in sales via EDI and electronic purchasing platforms in the US.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?