secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000277135-23-000051
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grainger Q2 EPS $9.28, sales +9%; raises FY 2023 guidance midpoint
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/0000277135-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000051/gww-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000277135-23-000051

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