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) announced plans to expand its customer service capabilities by adding approximately 100 new jobs at its Lake County, Illinois headquarters. The new customer service center, opening in January, aims to improve support for its growing customer base. Most new hires will be Customer Experience Representatives, starting at $18 per hour with a $1,000 sign-on bonus. Grainger has also received Great Place to Work Certification, emphasizing its commitment to employee well-being and community investment.
Grainger (NYSE: GWW) reported robust third-quarter 2021 results, with sales of $3.4 billion, reflecting an 11.7% increase year-over-year. Gross margin improved by 145 basis points to 37.1%, while operating earnings rose 17.4% to $438 million, leading to an EPS of $5.65, up 25% from the previous year. The company returned $327 million to shareholders through dividends and share repurchases, reaffirming its guidance for 2021 with net sales expected between $12.7 billion and $13.0 billion.
Grainger (NYSE: GWW) announced that its board members Rodney Adkins, Brian Anderson, Steven White, and CFO Deidra Merriwether were recognized in Savoy Magazine's "2021 Most Influential Black Corporate Directors." This recognition highlights Grainger's emphasis on diversity in leadership, with Chairman & CEO DG Macpherson stating that diverse perspectives enhance the company. Grainger is a leading supplier of maintenance, repair, and operating (MRO) products, reporting $11.8 billion in sales for 2020.
The board of directors of Grainger declared a cash dividend of $1.62 per share, payable on December 1, 2021. Shareholders on record as of November 8, 2021 will be eligible to receive this dividend. In 2020, Grainger reported sales of $11.8 billion, establishing itself as a leading supplier of maintenance, repair, and operating (MRO) products across North America, Japan, and the UK.
Grainger reported Q2 2021 sales of $3.2 billion, reflecting a 13.1% increase year-over-year. Operating earnings surged 62% to $334 million, with a 103% rise in diluted EPS to $4.27. Gross margin declined to 35.0% due to inventory adjustments from pandemic-related products, impacting overall financial metrics. Grainger returned $203 million to shareholders, maintaining its guidance for 2021 with net sales expected between $12.7 - 13.0 billion.
The board of directors at W.W. Grainger, Inc. (NYSE: GWW) declared a cash dividend of $1.62 per share, payable on September 1, 2021. Shareholders on record as of August 9, 2021 will receive this dividend. In 2020, Grainger reported sales of $11.8 billion, establishing itself as North America's top supplier of maintenance, repair, and operating (MRO) products, with operations mainly in North America, Japan, and the United Kingdom.
Grainger (NYSE: GWW) has released its 2021 Corporate Responsibility Report, marking the tenth consecutive year of publication. The report highlights the company's commitment to sustainability and ESG (environmental, social, governance) issues, emphasizing initiatives in diversity, energy efficiency, and emissions reduction. Notably, Grainger aims to cut its absolute scope 1 and 2 GHG emissions by 30% by 2030 from a 2018 baseline. The company reported a 37% decrease in emissions since 2011 and has increased diversity among its workforce, with women comprising 38.5% of employees by the end of 2020.
Grainger reported Q1 2021 sales of $3.1 billion, reflecting a 2.8% increase year-over-year, with organic growth of 5.9%. Operating margins expanded by 630 basis points, while earnings per share rose to $4.48, a 40% increase compared to the previous year. The company generated $294 million in operating cash flow and returned $256 million to shareholders. For 2021, Grainger anticipates net sales between $12.7 and $13.0 billion, with earnings per share expected to range from $19.00 to $20.50.
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