Highest-materiality recent filing
Grainger Q2 sales $5.0B (+10.3%), EPS $12.01 (+20.5%); raises FY guidance
Diluted EPS of $12.01, up 20.5% YoY; operating margin 16.1%, up 120 bps.
Grainger CFO Deidra Merriwether resigns; Laurie Thomson named interim CFO
CFO Deidra C. Merriwether resigns effective Sept 4, 2026 to pursue another opportunity; no disagreement with company.
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.
Grainger Q3 sales $4.2B +6.7%; EPS $9.43 +14%; narrows FY EPS guidance to $36.00-$36.60
Q3 sales $4.2B, up 6.7% YoY (8.7% daily constant currency); operating earnings $667M +10.7%; diluted EPS $9.43 +14.1%.
Grainger enters $1.25B revolver, replacing prior facility; maturity extended to 2028
New $1.25B unsecured revolving credit facility, expandable to $1.875B, matures Oct 11, 2028 with two one-year extension options.
Grainger Q2 EPS $9.28, sales +9%; raises FY 2023 guidance midpoint
Diluted EPS $9.28, up 29.1% YoY; operating earnings $661M, up 23.5%.
Grainger appoints George S. Davis to Board of Directors
Davis previously served as EVP and CFO of Intel, Qualcomm, and Applied Materials.
Kathleen Carroll transitions from SVP & CHRO to Strategic Advisor to Grainger's Chairman & CEO.
All 11 management director nominees elected; votes for ranged from 38.0M to 41.3M of shares voted.
Grainger Q1 EPS $9.61 (+36% YoY); raises FY EPS guidance to $34.25-$36.75
Sales $4.1B, up 12.2% YoY; daily constant currency growth 14.5%.
Director Michael J. Roberts not standing for re-election after 17 years on board
Roberts will not stand for re-election at April 26, 2023 annual meeting due to board's age-72 policy.
Grainger Q4 adj EPS $7.14 (+31.3%), sales +13.2%; FY23 adj EPS guide $32-$34.50
Q4 sales $3.8B (+13.2% reported, +17.2% daily constant currency); FY sales $15.2B (+16.9%).
Grainger names Nancy Berardinelli-Krantz as Chief Legal Officer; John Howard to retire
Nancy Berardinelli-Krantz appointed SVP and Chief Legal Officer effective Jan. 30, 2023.
Grainger subsidiary Zoro.com hits $1B in annual sales for first time
Zoro.com, a Grainger subsidiary, reached $1 billion in annual sales in calendar 2022.
Grainger Q3 EPS $8.27 beats; raises FY22 guidance to $29.10-$29.70
Q3 sales $3.94B (+16.9% YoY); gross margin 38.5% (+145 bps); operating margin 15.3% (+230 bps).
Grainger amends credit agreement to replace LIBOR with alternative rates like SOFR
First Amendment to Credit Agreement changes benchmark rates from LIBOR to SOFR, EURIBOR, CDOR, and SONIA.
Grainger Q2 EPS $7.19 (+68% YoY); raises FY2022 guidance
Q2 sales $3.8B, up 19.6% YoY (22.0% daily constant currency); EPS $7.19 vs $4.27, +68.4%.
All 12 management director nominees elected with votes ranging from 39.6M to 43.4M for; broker non-votes 2.96M each.
Grainger Q1 EPS $7.07 (+57.8%), revenue $3.6B (+18.2%); raises FY22 EPS view to $25-$27
Sales $3.6B, up 18.2% YoY; gross margin 37.9% (+245 bps).
Grainger director Brian Anderson to retire after 23 years; 12 incumbents nominated for board
Brian P. Anderson will not stand for re-election; his term ends at the April 27, 2022 annual meeting.
Grainger Q4 sales $3.4B +14.2%, EPS $5.44 vs $3.12; issues 2022 guidance above consensus
Q4 sales $3.4B (+14.2% reported, +16.9% daily constant currency); gross margin 37.3% +240 bps.
Grainger Q3 2021 sales $3.4B, EPS $5.65, beat expectations; reaffirms FY guidance
Sales $3.37B, +11.7% YoY (+11.9% organic daily constant currency).
Reported EPS $4.27 vs $2.10 prior year; adjusted EPS up 14% to $4.27.
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.
On July 26, 2023, the Board of Directors (the “Board”) of W.W. Grainger, Inc. (the “Company”), appointed George S. Davis as a director to the Board, effective immediately.
On July 10, 2023, as a result of her ongoing health issues, Ms. Kathleen S. Carroll was named Strategic Advisor to the Chairman & CEO of W.W. Grainger, Inc. (the “Company”).
Michael J. Roberts, who has served as a director of the Company for 17 years, will not stand for re-election in accordance with the Company’s Criteria for Membership on the Board of Directors, which provide that an outside director generally will not be nominated after the age of 72, and not as the result of any disagreement with the Company.
Nancy L. Berardinelli-Krantz, age 45, will join the Company from Eaton Corporation, where she is Senior Vice President and Deputy Chief Legal Officer.
Mr. Howard will step down as the Company’s General Counsel effective as of Ms. Berardinelli-Krantz’s employment start date
John L. Howard, Senior Vice President and General Counsel of W.W. Grainger, Inc. (the “Company”), notified the Company of his intention to retire.
On February 16, 2022, Brian P. Anderson, a member of the Board of Directors (the “ Board ”) of W.W. Grainger, Inc. (the “ Company ”), notified the Board that he would not stand for re-election as a member of the Board for the 2022-2023 period.
Max materiality 0.85 · Median 0.62 · Most common event earnings