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.
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.
W.W. Grainger, Inc. conducted its annual shareholder meeting virtually due to COVID-19 on April 27, 2022. CEO DG Macpherson highlighted operational and financial achievements from 2021, reporting sales of $13.0 billion. Shareholders elected 12 directors, ratified the appointment of Ernst & Young LLP as the independent auditor for 2022, and approved the 2022 Incentive Plan along with an advisory vote on executive compensation.
W.W. Grainger, Inc. (NYSE: GWW) announced a quarterly cash dividend of $1.72 per share, marking a 6% increase from the previous year. The dividend will be paid on June 1, 2022 to shareholders on record by May 9, 2022. Grainger has maintained a record of 51 consecutive years of increased dividends, reflecting its commitment to returning value to shareholders while investing strategically in the business. In 2021, Grainger reported $13.0 billion in sales, serving over 4.5 million customers globally.
W.W. Grainger, Inc. (NYSE: GWW) announced its nominees for the 2022-2023 Board of Directors, featuring 12 current members. Notably, Brian P. Anderson will retire after 23 years of service, having contributed significantly as Lead Director. Chairman and CEO D.G. Macpherson expressed gratitude for Anderson's leadership and insights. Grainger reported 2021 sales of $13 billion, serving over 4.5 million customers globally with a vast product range, including more than 2 million MRO products. The annual shareholder meeting is set for April 27, 2022.
Grainger reported strong financial results for Q4 2021, with sales reaching $3.4 billion, a 14.2% increase from the previous year. The company's gross margin expanded by 240 basis points to 37.3%. For the full year, total sales were $13.0 billion, up 10.4%, with strong customer demand driving growth in both segments. Reported operating earnings for Q4 were $417 million, marking a 52% increase. Earnings per share also saw significant growth, reaching $5.44. Looking ahead, Grainger projects 2022 sales between $14.1 and $14.5 billion.
Grainger (NYSE: GWW) has announced a cash dividend of $1.62 per share, payable on March 1, 2022. This dividend will be distributed to shareholders on record as of February 14, 2022. In 2020, Grainger achieved sales of $11.8 billion, solidifying its position as North America's leading broad-line supplier of maintenance, repair, and operating (MRO) products, with operations predominantly in North America, Japan, and the United Kingdom.
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