secwatch.observer — SEC 8-K summary
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Issuer:     W.W. GRAINGER, INC. (GWW)
CIK:        0000277135
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0000277135-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277135/000027713524000003/0000277135-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277135/000027713524000003/gww-20240202.htm
  HTML page:      https://secwatch.observer/filing/0000277135-24-000003

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