Illinois Tool Works Posts Higher 1Q Sales

Illinois Tool Works Inc. posted higher sales in the first quarter, though Chief Executive E. Scott Santi said the near-term outlook is uncertain. T...

May 3, 2023
3:48 AM

Illinois Tool Works Inc. posted higher sales in the first quarter, though Chief Executive E. Scott Santi said the near-term outlook is uncertain. The Glenview, Ill.-based industrial products and equipment manufacturer reported a first-quarter profit of $714 million, or $2.33 a share, compared with $662 million, or $2.11 a share,...

Will Feuer