{"schema_version":"secwatch.filing_event.v1","accession":"0000277135-23-000051","form_type":"8-K","ticker":"GWW","cik":"0000277135","company_name":"W.W. GRAINGER, INC.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.208036+00:00","generated_at":"2026-06-13T01:02:33.033953+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Grainger Q2 EPS $9.28, sales +9%; raises FY 2023 guidance midpoint","bullets":["Diluted EPS $9.28, up 29.1% YoY; operating earnings $661M, up 23.5%.","Sales $4.18B, up 9.0% reported, 10.1% daily constant currency.","Gross margin 39.3% (+170 bps); operating margin 15.8% (+190 bps).","FY 2023 guidance raised: revenue $16.4-16.8B, EPS $35.00-36.75, daily sales growth 8.5-11%.","Generated $450M operating cash flow; returned $265M via dividends/buybacks."],"urls":{"canonical":"https://secwatch.observer/filing/0000277135-23-000051","json":"https://secwatch.observer/filing/0000277135-23-000051.json","markdown":"https://secwatch.observer/filing/0000277135-23-000051.md","text":"https://secwatch.observer/filing/0000277135-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/0000277135-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/gww-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:02:33.033953+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0fc9496430ec154e146bf8f4d14d37030a6055d4","claim":"W.W. GRAINGER, INC. reported the second quarter ended June 30, 2023 results: revenue $4,182, net income $470, EPS $9.28.","evidence_excerpt":"Net Sales $4,182 $3,837 9.0% Gross Profit $1,644 $1,441 14.0% Operating Earnings $661 $534 23.5% Net Earnings Attributable to W.W. Grainger, Inc. $470 $371 26.5% Diluted Earnings Per Share $9.28 $7.19 29.1% Gross Profit Margin 39.3% 37.6% 170 bps Operating Margin 15.8% 13.9% 190 bps Effective Tax Rate 24.0% 24.8% 80 bps","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/0000277135-23-000051-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$4,182"},{"label":"Net income","value":"$470"},{"label":"EPS","value":"$9.28"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d0f19a7ee1c840c54443884c9fc10593dbed0f06","claim":"W.W. GRAINGER, INC. updated its full year 2023 guidance (raised).","evidence_excerpt":"Raising midpoint of full year 2023 total Company revenue and EPS guidance ranges, including daily sales growth of 8.5% to 11% and diluted EPS of $35.00 to $36.75 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/0000277135-23-000051-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}