earnings
confidence high
sentiment positive
materiality 0.85
Grainger Q1 EPS $7.07 (+57.8%), revenue $3.6B (+18.2%); raises FY22 EPS view to $25-$27
W.W. GRAINGER, INC.
2022-Q1 EPS reported
$7.07
revenue$3,647,000,000
- Sales $3.6B, up 18.2% YoY; gross margin 37.9% (+245 bps).
- EPS $7.07, up 57.8% vs $4.48; operating earnings $534M (+49%).
- Raised FY22 guidance: EPS $25.00-$27.00 (from $23.50-$25.50); sales $14.5-$14.9B.
- Operating cash flow $343M (+16.7%); returned $163M to shareholders via dividends & buybacks.
- No adjusting items; High-Touch N.A. daily sales +18.2%, Endless Assortment +17.4% daily constant currency.