secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0000277135-21-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grainger Q2 sales up 13.1% to $3.2B; EPS $4.27; gross margin pressured by $63M pandemic inventory adjustments
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- Reported EPS $4.27 vs $2.10 prior year; adjusted EPS up 14% to $4.27.
- Gross margin 35.0%, down 75 bps; excluding $63M pandemic inventory adjustments, margin was 37.0%.
- High-Touch N.A. daily sales +13.7%; Endless Assortment daily sales +23.0%.
- Operating cash flow $269M; returned $203M via dividends and share repurchases.
- FY 2021 guidance maintained: sales $12.7-13.0B, EPS $19.00-20.50; results expected near low end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713521000016/0000277135-21-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713521000016/gww-20210730.htm
  HTML page:      https://secwatch.observer/filing/0000277135-21-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer