secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0000277135-23-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grainger Q1 EPS $9.61 (+36% YoY); raises FY EPS guidance to $34.25-$36.75
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- Sales $4.1B, up 12.2% YoY; daily constant currency growth 14.5%.
- Operating earnings $680M (+27.4%); operating margin 16.6% (+200 bps).
- Diluted EPS $9.61, up 36% from $7.07; raised FY EPS to $34.25-$36.75 (from $32-$34.50).
- Gross margin 39.9% (+200 bps) driven by freight efficiencies and favorable product mix.
- Operating cash flow $454M; returned $229M to shareholders via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000019/0000277135-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000019/gww-20230427.htm
  HTML page:      https://secwatch.observer/filing/0000277135-23-000019

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