Matthew E. Fortin
On August 26, 2024, W.W. Grainger, Inc. (the “Company”) announced that Matthew E. Fortin, Senior Vice President and Chief Human Resources Officer of the Company, is no longer with the Company effective August 23, 2024.
Highest-materiality recent filing
Grainger Q1 EPS $11.65, sales $4.74B, raises FY guidance
Revenue $4.742B, up 10.1% YoY; organic daily constant currency sales +12.2%.
Grainger annual meeting: all director nominees elected, auditor ratified, say-on-pay approved
All 12 management director nominees elected with votes for ranging from 35.2M to 36.6M shares.
Grainger Q4 sales up 4.5% to $4.4B; EPS down 2.8%; issues 2026 growth outlook 6.5-9%
Q4 2025 sales $4.4B, +4.5% YoY; daily organic constant currency sales +4.6%.
Grainger amends bylaws to modernize virtual meeting provisions
Board approved By-Law amendments on December 10, 2025, effective immediately.
Grainger Q3 adjusted EPS $10.21 (+3.4%), narrows FY guidance to $39-$39.75
Sales $4.7B (+6.1%), daily constant currency +5.4%.
Grainger Q2 EPS $9.97 (+2.2% adj); lowers FY EPS guidance to $38.50-$40.25
Q2 sales $4.6B (+5.6%); gross margin 38.5% (-80 bps) due to tariff-related price/cost timing.
Grainger shareholders approve elimination of cumulative voting; effective May 9, 2025
Shareholders voted on April 30, 2025 to amend Restated Articles of Incorporation to eliminate cumulative voting.
Grainger shareholders eliminate cumulative voting; Levenick retires, Santi becomes Lead Director
Shareholders approved elimination of cumulative voting: 38.3M for, 1.1M against, 1.1M abstentions.
Grainger Q1 2025 EPS $9.86 (+2.5%), sales $4.3B; dividend raised 10%
Sales $4.3B, up 1.7% (4.4% daily constant currency); operating margin 15.6%, down 20 bps.
Grainger Q4 EPS $9.71, sales $4.2B; issues 2025 guidance EPS $39.00-$41.50
Q4 sales $4.2B (+5.9% reported, +4.7% organic constant currency); diluted EPS $9.71 (+23.1% reported).
Grainger Q3 EPS $9.87, sales $4.4B up 4.3%; narrows 2024 EPS guidance to $38.65-$39.35
Diluted EPS $9.87, up 4.7% YoY; sales $4.4B, up 4.3% (4.0% daily organic constant currency).
Grainger closes $500M offering of 4.450% Senior Notes due 2034
Issued $500M aggregate principal of 4.450% Senior Notes due 2034 on September 12, 2024.
Grainger announces departure of CHRO Matthew E. Fortin
Matthew E. Fortin, SVP and Chief Human Resources Officer, left the company effective August 23, 2024.
Grainger Q2 adjusted EPS $9.76 (+5.2%); narrows 2024 EPS guidance to $38.00-$39.50
Sales $4.3B, up 3.1% reported (+5.1% daily organic constant currency).
Grainger Q1 EPS $9.62 (+0.1%), sales $4.2B (+3.5%), reaffirms FY guidance
Sales $4.2B up 3.5% (4.9% daily organic constant currency) vs Q1 2023.
Grainger shareholders elect all 13 director nominees, ratify auditor, approve say-on-pay
All 13 management nominees elected; votes for ranged from 39.9M to 42.3M shares; against votes highest for Perez (2.66M), Levenick (2.64M), Macpherson (2.46M).
Grainger Q4 adjusted EPS $8.33 (+16.7% YoY); guides 2024 sales growth 4-7%
Q4 sales $4.0B, +5.1% reported (+5.5% daily organic constant currency).
W.W. Grainger appoints Christopher Klein to Board of Directors, effective Dec 13, 2023
Klein appointed to Board Affairs & Nominating and Audit Committees; board size increased to 13.
On August 26, 2024, W.W. Grainger, Inc. (the “Company”) announced that Matthew E. Fortin, Senior Vice President and Chief Human Resources Officer of the Company, is no longer with the Company effective August 23, 2024.
appointed Christopher Klein as a director to the Board, effective immediately.
Max materiality 0.80 · Median 0.60 · Most common event earnings