earnings
confidence high
sentiment positive
materiality 0.70
Grainger Q3 2021 sales $3.4B, EPS $5.65, beat expectations; reaffirms FY guidance
W.W. GRAINGER, INC.
2021-Q3 EPS reported
$14.40
revenue$9,663,000,000
- Sales $3.37B, +11.7% YoY (+11.9% organic daily constant currency).
- Operating earnings $438M (+17.4%); gross margin 37.1%, +145 bps YoY.
- Diluted EPS $5.65, +25% adjusted YoY; returned $327M via dividends and buybacks.
- High-Touch N.A. daily sales +12.0%, Endless Assortment +12.7%.
- FY 2021 guidance reaffirmed: revenue $12.7-13.0B, EPS $19.00-20.50.