Illinois Tool Works Raises 2023 Outlook But Warns of Uncertainty

Illinois Tool Works Inc. raised its full-year sales guidance, saying that currency translations and divestitures would reduce revenue by less than ...

May 3, 2023
3:48 AM

Illinois Tool Works Inc. raised its full-year sales guidance, saying that currency translations and divestitures would reduce revenue by less than initially expected. The Glenview, Ill.-based industrial products and equipment manufacturer said it now expects 2023 revenue growth of 2% to 4%, up from previous guidance of 1.5% to...

Will Feuer