---
schema_version: "secwatch.filing_event.v1"
accession: "0000277135-23-000093"
form_type: "8-K"
ticker: "GWW"
cik: "0000277135"
company_name: "W.W. GRAINGER, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:59:50.948355+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grainger Q3 sales $4.2B +6.7%; EPS $9.43 +14%; narrows FY EPS guidance to $36.00-$36.60

## Summary
- Q3 sales $4.2B, up 6.7% YoY (8.7% daily constant currency); operating earnings $667M +10.7%; diluted EPS $9.43 +14.1%.
- Gross profit margin 39.3% (up 80 bps); operating margin 15.9% (up 60 bps).
- Generated $523M operating cash flow; returned $287M to shareholders via dividends and buybacks.
- Narrows FY2023 guidance: daily sales growth 8.5%-9.5%; diluted EPS $36.00-$36.60 (prev $35.00-$36.75).
- High-Touch Solutions N.A. daily sales +8.7%; Endless Assortment +6.0% (+9.2% constant currency).

## SEC filing metadata
- accession: 0000277135-23-000093
- form_type: 8-K
- ticker: GWW
- cik: 0000277135
- company_name: W.W. GRAINGER, INC.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277135/000027713523000093/0000277135-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277135/000027713523000093/gww-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000277135-23-000093
- JSON: https://secwatch.observer/filing/0000277135-23-000093.json
- Plain text: https://secwatch.observer/filing/0000277135-23-000093.txt

## Key facts
- Earnings Releases
  W.W. GRAINGER, INC. reported the third quarter ended September 30, 2023 results: revenue $4.2 billion, net income $476 million, EPS $9.43. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $4.2 billion
  - Net income: $476 million
  - EPS: $9.43
  - Guidance: reaffirmed
  - Result: reported results
  source text: QUARTER 2023 Advancing strategic initiatives while driving continued strong results; Company narrows full-year 2023 guidance range Third Quarter Highlights • Delivered sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis • Generated operating earnings of $667 million, up 10.7%, with operating margin of 15.9%, up 60 basis points • Achieved
  evidence_url: https://www.sec.gov/Archives/edgar/data/277135/000027713523000093/0000277135-23-000093-index.htm

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