secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000277135-23-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000093/0000277135-23-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713523000093/gww-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000277135-23-000093

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