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.
News and updates for W.W. Grainger, Inc. (NYSE: GWW) center on its role as a broad line distributor of maintenance, repair and operating (MRO) products in the wholesale trade sector. Company announcements regularly highlight performance in its two business models: the High-Touch Solutions segment, which offers approximately 2 million MRO products and services, and the Endless Assortment segment, which sells through Zoro.com and MonotaRO.com with extensive online catalogs.
Investors following GWW news will see detailed quarterly earnings releases, where Grainger reports net sales, gross profit, operating earnings, margins, tax rates, cash flow and segment performance. These releases often break out results for High-Touch Solutions – N.A. and Endless Assortment, explaining drivers such as volume growth, tariff-related impacts, product mix and expense leverage.
Grainger’s news flow also includes capital allocation updates, such as quarterly dividend declarations, dividend increases and information on share repurchases. The company has emphasized a disciplined capital allocation approach and has pointed to a long history of consecutive annual dividend increases.
Another important category of news involves portfolio and geographic decisions. Grainger has announced an agreement to divest its U.K.-based Cromwell business and has discussed a proposed closure of its Zoro U.K. business, describing these actions as part of its effort to focus on North America and Japan. Corporate governance and leadership developments, including board elections and executive appointments, are also covered in its releases.
For readers tracking GWW, this news stream provides insight into Grainger’s operating trends, segment dynamics, geographic focus and shareholder return practices. Regular updates on earnings, dividends, portfolio actions and governance make the GWW news page a useful reference for understanding how the company communicates its progress and priorities.
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.
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.
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