secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0000277135-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grainger Q4 sales $3.4B +14.2%, EPS $5.44 vs $3.12; issues 2022 guidance above consensus
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- Q4 sales $3.4B (+14.2% reported, +16.9% daily constant currency); gross margin 37.3% +240 bps.
- Reported EPS $5.44 (+74% YoY); adjusted EPS also $5.44; full year reported EPS $19.84 (+55%).
- 2022 guidance: sales $14.1-14.5B, EPS $23.50-$25.50, operating margin 12.5-13.1%.
- Q4 operating cash flow $213M (-37% YoY) due to inventory build; full year $937M (-17%).
- High-Touch N.A. sales +16.3% daily constant currency; Endless Assortment +20.6% daily constant currency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713522000003/0000277135-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713522000003/gww-20220203.htm
  HTML page:      https://secwatch.observer/filing/0000277135-22-000003

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