Welcome to our dedicated page for WW Grainger news (Ticker: GWW), a resource for investors and traders seeking the latest updates and insights on WW Grainger stock.
WW Grainger (NYSE: GWW) is a leading global distributor of maintenance, repair, and operations (MRO) supplies, serving commercial and industrial enterprises through integrated digital platforms and branch networks. This dedicated news hub provides stakeholders with direct access to official company announcements and market-moving developments.
Investors and industry professionals will find curated updates including quarterly earnings reports, strategic partnerships, and supply chain innovations. Our aggregation ensures timely access to critical information about Grainger's High-Touch Solutions and Endless Assortment segments, without promotional commentary.
The repository features essential updates across key operational areas: product portfolio expansions, sustainability initiatives, and technological advancements in inventory management systems. All content maintains compliance with financial disclosure standards while emphasizing Grainger's role in enabling efficient industrial operations worldwide.
Bookmark this page for streamlined tracking of GWW's performance in the competitive MRO distribution sector. Verify information directly through linked source documents and SEC filings when available.
Zoro.com, a subsidiary of W.W. Grainger (GWW), has achieved a significant milestone by surpassing $1 billion in annual sales through its U.S. website for the first time. This accomplishment, driven by an expanded product range and growing customer base, reflects Zoro's commitment to supporting small businesses with easy access to over 11 million unique products. President Kevin Weadick emphasized the importance of this achievement for the company and its partners while highlighting future growth potential.
Grainger reported strong third-quarter 2022 results with sales reaching $3.9 billion, reflecting a 16.9% increase year-over-year. The company expanded its gross margin by 145 basis points, achieving operating earnings of $603 million and diluted EPS of $8.27, up 46.4% from the previous year. Operating cash flow also improved, totaling $380 million. Due to positive performance, Grainger raised its full-year guidance, anticipating net sales between $15.1 billion and $15.2 billion.
W.W. Grainger, Inc. (GWW) announced a quarterly cash dividend of $1.72 per share, which will be payable on December 1, 2022. Shareholders of record as of November 14, 2022, will receive this dividend. In 2021, Grainger reported sales of $13.0 billion, serving over 4.5 million customers globally across various product categories. The company's services include technical support and inventory management, emphasizing its commitment to customer operations and safety.
Grainger (NYSE: GWW) held an Investor Day on September 21, 2022, presenting a strategic update and new three-year financial targets through 2025. The company projects net sales between $19 billion and $20 billion, representing an 8% to 10% compound annual growth. Adjusted earnings per share are estimated at approximately $40, a 43% increase from 2022 guidance. Grainger aims for high-teens sales growth in its Endless Assortment segment and intends to invest in supply chain capacity and automation. The firm reaffirmed its 2022 guidance, expecting daily sales growth of 14.5% to 16.5%.
Grainger (NYSE: GWW), a leading distributor of maintenance and repair products, is set to hold an Investor Day on September 21, 2022, at its Northeast Distribution Center, starting at 10:00 a.m. ET. The event will feature key speakers, including CEO D.G. Macpherson and other executives, discussing strategies and future outlook. Attendees can register for the live webcast via invest.grainger.com. A replay will be available for 90 days post-event. In 2021, Grainger reported sales of $13 billion.
Grainger reported second quarter 2022 sales of $3.8 billion, a 19.6% increase year-over-year, showing 22.0% growth on a constant currency basis. Operating earnings surged 60.0% to $534 million, yielding an EPS of $7.19, up 68.4%. The gross margin expanded by 255 basis points to 37.6%.
The company raised its full-year guidance, projecting 2022 EPS between $27.25 - $28.75. Grainger also returned $219 million to shareholders through dividends and repurchases.
W.W. Grainger, Inc. (NYSE: GWW) declared a quarterly cash dividend of $1.72 per share, payable on September 1, 2022, to shareholders of record on August 8, 2022. In 2021, Grainger reported sales of $13.0 billion, positioning itself as a leading distributor in North America, Japan, and the United Kingdom. The company serves over 4.5 million customers globally with a diverse product range, including more than 2 million maintenance, repair, and operating (MRO) products.
Grainger reported a strong first quarter of 2022 with sales of $3.6 billion, up 18.2% year-over-year. Operating earnings surged 49.2% to $534 million, resulting in an EPS of $7.07, marking a 57.8% increase from the previous year. The company expanded its gross margin by 245 basis points to 37.9% due to effective operational execution. Additionally, Grainger raised its full-year 2022 guidance, now expecting EPS in the range of $25.00 to $27.00. The company remains well-positioned despite ongoing inflationary pressures.
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