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 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 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 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 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 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 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).
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 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 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%.
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 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 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%.
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 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