Grainger Earnings Reports

Grainger's Q4 2024 sales reached $4.2 billion, a 5.9% increase, with a 15.0% operating margin. Diluted EPS rose to $9.71, up 23.1%. The company issued 2025 guidance, projecting 4.0% - 6.5% daily, constant currency sales growth.

Grainger reported a 4.3% increase in sales, reaching $4.4 billion in Q3 2024. Diluted EPS increased by 4.7% to $9.87. The company narrowed its 2024 earnings outlook, projecting daily, organic constant currency sales growth of 4.5% to 5.25% and adjusted diluted EPS of $38.65 to $39.35.

Grainger reported Q2 2024 sales of $4.3 billion, up 3.1% (5.1% on a daily, organic constant currency basis), and adjusted diluted EPS of $9.76, up 5.2% compared to Q2 2023. The company narrowed its 2024 total company guidance ranges, including daily, organic constant currency sales growth of 4.0% to 6.0% and adjusted diluted EPS of $38.00 to $39.50.

Grainger reported a 3.5% increase in sales, reaching $4.2 billion, and a diluted EPS of $9.62, up 0.1% compared to Q1 2023. The company reaffirmed its full-year 2024 guidance ranges.

Grainger's Q4 2023 sales reached $4.0 billion, a 5.1% increase, with adjusted EPS rising by 16.7% to $8.33. The company's performance was driven by focused execution in both High-Touch Solutions and Endless Assortment segments.

Grainger reported a strong third quarter in 2023, with sales reaching $4.2 billion, a 6.7% increase, and diluted EPS of $9.43, up 14.1% compared to the third quarter of 2022. The company also narrowed its full-year guidance for daily sales growth to between 8.5% and 9.5% and diluted EPS to between $36.00 and $36.60.

Grainger reported strong second-quarter results with sales of $4.2 billion, up 9.0%, and diluted EPS of $9.28, up 29.1% compared to the second quarter of 2022. The company raised the midpoint of its full-year revenue and EPS guidance ranges, expecting continued strong execution in the back half of 2023.

Grainger reported a strong first quarter in 2023, with sales reaching $4.1 billion, a 12.2% increase, and diluted EPS of $9.61, a 36.0% increase compared to Q1 2022. The company has raised its full-year 2023 guidance due to this strong performance.

Grainger reported strong Q4 2022 results with sales of $3.8 billion, a 13.2% increase, and diluted EPS of $7.54, up 38.6%. The company's performance was driven by focused execution of its long-term strategy and strong demand in both High-Touch Solutions and Endless Assortment segments.

Grainger reported a strong third quarter in 2022, with sales up 16.9% to $3.9 billion. The company's performance was driven by focused execution and the ability to serve customers well in the current demand environment, leading to an increase in full year guidance.

Grainger reported strong second-quarter results with sales of $3.8 billion, up 19.6% compared to Q2 2021. The company's EPS increased by 68.4% to $7.19, and operating earnings rose by 60.0% to $534 million. Grainger raised its full-year 2022 guidance, reflecting confidence in continued strong performance.

Grainger reported strong first-quarter results for 2022, with sales reaching $3.6 billion, an 18.2% increase compared to the first quarter of 2021. The company's operating earnings rose by 49.2% to $534 million, resulting in an EPS of $7.07, a 57.8% increase. Grainger also raised its full-year 2022 guidance, expecting an EPS range of $25.00 - $27.00.

Grainger reported a strong fourth quarter with sales of $3.4 billion, up 14.2% year-over-year, and adjusted EPS of $5.44, a 49% increase. The company's performance was fueled by robust customer demand and successful execution of strategic initiatives.

Grainger reported strong third quarter 2021 results, driven by strong performance in both the High-Touch Solutions N.A. and Endless Assortment segments, with sales of $3.4 billion, up 11.7% compared to the third quarter of 2020.

Grainger reported a strong second quarter with sales of $3.2 billion, up 13.1% compared to the second quarter of 2020. Both High-Touch Solutions N.A. and Endless Assortment segments showed robust top-line growth. However, gross profit was impacted by inventory adjustments related to pandemic products.

Grainger reported a strong first quarter in 2021, with sales of $3.1 billion, up 2.8% from Q1 2020. The company's performance was driven by strong results in both the High-Touch Solutions North America and Endless Assortment segments. Given the strong performance in the first quarter, the company is now providing guidance for the full year.

Grainger reported a 3.3% increase in sales for Q4 2020, reaching $2.9 billion. Reported operating earnings increased by 52% to $275 million, while adjusted operating earnings decreased by 4% to $295 million. The company's performance was driven by share gains in the U.S. segment and strong growth in the endless assortment businesses.

Grainger reported a 2.4% increase in sales to $3.0 billion for the third quarter of 2020, with organic daily sales up 4.6% compared to the third quarter of 2019. The company experienced expanded operating margins and generated $311 million in operating cash flow, returning $82 million to shareholders through dividends. They also repaid their revolving credit facility and plan to restart their share repurchase program in Q4 2020.

Grainger reported Q2 2020 sales of $2.8 billion, driven by significant share gains in the U.S. segment, despite an estimated 14-15% decline in the MRO market. The company generated $205 million in reported operating earnings and $315 million in adjusted operating earnings, achieving over $75 million in sequential SG&A cost savings and $232 million in operating cash flow.

Grainger reported a 7.2% increase in sales to $3.0 billion for Q1 2020. The company generated $159 million in reported operating earnings and $343 million in adjusted operating earnings. Operating cash flow was $244 million, and $178 million was returned to shareholders through dividends and share repurchases. Due to uncertainties surrounding the COVID-19 pandemic, Grainger suspended its 2020 guidance and paused share repurchases.

Grainger reported a 3% increase in sales for Q4 2019, reaching $2.8 billion. However, reported operating earnings decreased by 37% to $181 million, and reported EPS decreased by 49% to $1.88. Adjusted EPS decreased 2% to $3.88.