earnings
confidence high
sentiment positive
materiality 0.75
Grainger Q2 sales $5.0B (+10.3%), EPS $12.01 (+20.5%); raises FY guidance
W.W. GRAINGER, INC.
- Diluted EPS of $12.01, up 20.5% YoY; operating margin 16.1%, up 120 bps.
- Sales $5.0B, up 10.3% (13.7% daily organic constant currency); High-Touch N.A. +11.9%, Endless Assortment +13.5%.
- Gross profit margin 39.5%, up 100 bps; includes $43M IEEPA tariff refunds reducing COGS.
- Operating cash flow $444M; returned $341M to shareholders via dividends and buybacks.
- FY 2026 EPS guidance raised to $45.50-$47.25 (from $44.25-$46.25); sales guidance raised to $19.4-$19.7B.