** Shares of industrial parts provider W.W. Grainger
fall 3.4% to $925.33
** Co reports first-quarter profit of $9.62/shr, missing analysts' estimates of $9.88/shr - LSEG
** Its revenue of $4.24 bln came in below analysts' estimates of $4.39 bln
** Gross profit margin fell by 50 basis point to 39.4%, driven by decline in both of its high-touch solutions and endless assortment segments
** 2 of 16 brokerages rate the stock "buy" or higher, 13 "hold" and 1 "strong sell"; their median PT is $1000
** YTD, company's shares up 11.5%
(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.parmar@thomsonreuters.com))
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