Grainger Q4 adjusted EPS $8.33 (+16.7% YoY); guides 2024 sales growth 4-7%

W.W. GRAINGER, INC.

2023-FY EPS reported $36.23 revenue$16,478,000,000

Q4 sales $4.0B, +5.1% reported (+5.5% daily organic constant currency).
Full-year 2023 sales $16.5B (+8.2%); reported EPS $36.23 (+20.5%), adjusted $36.67 (+23.6%).
Q4 reported EPS $7.89 (+4.7%); adjusted EPS $8.33 (+16.7%) with adjusted operating margin up 80bps to 14.6%.
Operating cash flow $2.0B; returned $1.2B to shareholders via dividends and share buybacks.
2024 guidance: sales growth 4-7%; plans new 1.2M sq ft distribution center near Houston in 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

W.W. GRAINGER, INC. reported full year 2023 results: revenue $16.5 billion, net income $1,829, EPS $36.23. Guidance initiated.

Period: full year 2023
Revenue: $16.5 billion
Net income: $1,829
EPS: $36.23
Guidance: initiated
Result: reported results

Exact text from the filing

to $8.33 on an adjusted basis • Announced plans to open a new 1.2 million square-foot distribution center near Houston, Texas in 2026 Full Year 2023 Highlights • Grew sales to $16.5 billion, up 8.2%, or 9.5% on a daily, organic constant currency basis • Realized reported operating margin of 15.6%, up 110 basis points, or 15.7% on an adjusted basis, up 130 basis

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

W.W. GRAINGER, INC. reported the fourth quarter ended December 31, 2023 results: revenue $4.0 billion, net income $395, EPS $7.89.

Period: the fourth quarter ended December 31, 2023
Revenue: $4.0 billion
Net income: $395
EPS: $7.89
Result: reported results

Exact text from the filing

execution delivers solid quarter and record full year earnings; Company issues 2024 guidance, including 4% to 7% sales growth Fourth Quarter 2023 Highlights • Delivered sales of $4.0 billion, up 5.1%, or 5.5% on a daily, organic constant currency basis • Achieved reported operating margin of 13.9%, down 40 basis points, or 14.6% on an adjusted basis, up 80 basis

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492 earnings releases filed in the last 30 days. Browse all earnings releases →

W.W. GRAINGER, INC. filing history →

Source: SEC EDGAR

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