earnings
confidence high
sentiment positive
materiality 0.75
Grainger Q2 adjusted EPS $9.76 (+5.2%); narrows 2024 EPS guidance to $38.00-$39.50
W.W. GRAINGER, INC.
2024-Q2 EPS reported
$19.13
revenue$8,547,000,000
- Sales $4.3B, up 3.1% reported (+5.1% daily organic constant currency).
- Reported operating margin 15.1% (down 70 bps); adjusted 15.4% (down 40 bps).
- Generated $411M operating cash flow; returned $345M via dividends and buybacks.
- High-Touch Solutions N.A. daily organic constant currency sales +3.7%; Endless Assortment +11.7%.
- Narrows 2024 adjusted EPS guidance to $38.00-$39.50 and sales growth to 4%-6% daily organic constant currency.