---
schema_version: "secwatch.filing_event.v1"
accession: "0000277135-23-000007"
form_type: "8-K"
ticker: "GWW"
cik: "0000277135"
company_name: "W.W. GRAINGER, INC."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:47:21.422013+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Grainger Q4 adj EPS $7.14 (+31.3%), sales +13.2%; FY23 adj EPS guide $32-$34.50

## Summary
- Q4 sales $3.8B (+13.2% reported, +17.2% daily constant currency); FY sales $15.2B (+16.9%).
- Q4 reported operating margin 14.3% (up 190 bps), adjusted 13.8% (up 135 bps).
- Q4 diluted EPS $7.54 (+38.6%) reported, $7.14 adjusted (+31.3%). FY EPS $30.06 (+51.5%).
- FY23 guidance: net sales $16.2B-$16.8B (daily growth 7%-11%), adj EPS $32.00-$34.50.
- FY22 operating cash flow $1.33B (+42.3%); $949M returned to shareholders via dividends & buybacks.

## SEC filing metadata
- accession: 0000277135-23-000007
- form_type: 8-K
- ticker: GWW
- cik: 0000277135
- company_name: W.W. GRAINGER, INC.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277135/000027713523000007/0000277135-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277135/000027713523000007/gww-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000277135-23-000007
- JSON: https://secwatch.observer/filing/0000277135-23-000007.json
- Plain text: https://secwatch.observer/filing/0000277135-23-000007.txt

## Key facts
- Earnings Releases
  W.W. GRAINGER, INC. reported the fourth quarter ended December 31, 2022 results: revenue $3.8 billion, net income $384, EPS $7.54. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $3.8 billion
  - Net income: $384
  - EPS: $7.54
  - Guidance: initiated
  - Result: reported results
  source text: Fourth Quarter 2022 Financial Highlights • Delivered sales of $3.8 billion, up 13.2%, or 17.2% on a daily, constant currency basis • Achieved reported operating margin of 14.3%, up 190 basis points, or 13.8% on an adjusted basis, up 135 basis points • Generated diluted EPS of $7.54 on a reported basis, up 38.6%, or $7.14 on an adjusted basis, up 31.3%
  evidence_url: https://www.sec.gov/Archives/edgar/data/277135/000027713523000007/0000277135-23-000007-index.htm
- Earnings Releases
  W.W. GRAINGER, INC. reported the full year ended December 31, 2022 results: revenue $15.2 billion, net income $1,547, EPS $30.06. Guidance initiated.
  - Period: the full year ended December 31, 2022
  - Revenue: $15.2 billion
  - Net income: $1,547
  - EPS: $30.06
  - Guidance: initiated
  - Result: reported results
  source text: Full Year 2022 Financial Highlights • Grew sales to $15.2 billion, up 16.9%, or 19.3% on a daily, constant currency basis • Realized reported operating margin of 14.5%, up 265 basis points, or 14.4% on an adjusted basis, up 255 basis points • Delivered diluted EPS of $30.06 on a reported basis, up 51.5%, or $29.66 on an adjusted basis, up 49.5%
  evidence_url: https://www.sec.gov/Archives/edgar/data/277135/000027713523000007/0000277135-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.