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.
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.
W.W. Grainger, Inc. (NYSE: GWW) held its annual shareholder meeting virtually on April 28, 2021, due to COVID-19. Chairman and CEO DG Macpherson discussed a recent re-segmentation to align financial reporting with two business models and emphasized the company's corporate responsibility framework known as the Grainger Edge. Shareholders elected 13 directors and ratified Ernst & Young LLP as the independent auditor for 2021. An advisory say on pay resolution for executive compensation was also approved. Grainger reported $11.8 billion in sales for 2020, establishing its position as North America's leading MRO supplier.
W.W. Grainger, Inc. (GWW) announced a 6% increase in its quarterly cash dividend to $1.62 per share, marking the 50th consecutive year of dividend increases. The dividend will be paid on June 1, 2021, to shareholders recorded by May 10, 2021. Additionally, the company authorized a new share repurchase program for up to 5 million shares, with no expiration date, replacing the previous program. Since 1984, Grainger has reduced its shares outstanding by over 50%.
Grainger (NYSE: GWW) announced the appointment of Julie Myerholtz as Vice President and Chief Information Security Officer (CISO). Myerholtz, with over 20 years of experience in information security and enterprise risk management, will lead Grainger's cybersecurity strategy and collaborate on information security matters company-wide. Her previous role was CISO at First Solar. Grainger, a leading supplier of MRO products, reported sales of $11.8 billion in 2020 and continues to invest in digital capabilities to enhance customer service.
W.W. Grainger has announced a slate of 13 nominees for its Board of Directors for the 2021-2022 term, including 12 current members and one new nominee, Katherine D. Jaspon. Ms. Jaspon has significant experience as the CFO of Dunkin' & Baskin Robbins at Inspire Brands, which generates about $12 billion in annual sales. Grainger reported $11.8 billion in sales for 2020 and is a leading supplier of maintenance, repair, and operating products in North America, Japan, and Europe. Shareholders will vote on the nominees at the annual meeting scheduled for April 28, 2021.
Grainger reported a strong financial performance for 2020, achieving $11.8 billion in sales, up 2.7% year-over-year. Q4 sales reached $2.9 billion, also up 3.3%. Operating earnings for the year totaled $1.0 billion, with an adjusted figure of $1.3 billion. The reported operating margin improved to 9.4% in Q4, and cash flow stood at $1.1 billion. Despite challenges, Grainger gained market share in the U.S. and showed resilience through cost control. The company will not provide 2021 guidance amid pandemic uncertainty.
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