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Grainger reported revenue growth driven by strong performance in its Endless Assortment segment, although operating and gross margins declined slightly due to tariff-related pressures.
Revenue reached $4.554 billion, up 5.6% from Q2 2024
Adjusted EPS rose to $9.97, up from $9.76 in Q2 2024
Net income attributable to Grainger was $482 million
Gross margin declined 80 bps YoY due to tariff-related cost headwinds
Grainger revised its 2025 guidance downward slightly, reflecting tariff-related headwinds, while maintaining confidence in revenue and operational execution.