Grainger (NYSE: GWW) reported Q1 EPS of $4.24, $0.19 worse than the analyst estimate of $4.43. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.86 billion.

"During these challenging times, as an essential business, Grainger remains more committed than ever to achieving our purpose … to Keep the World Working. We are focused on serving our customers well, ensuring the safety and well-being of our team members, and maintaining a strong financial position to support us through this crisis. By supporting customers who are saving lives and keeping communities safe, we are demonstrating the power of our products and solutions, deep customers relationships, and exceptional customer experience. Our strategy matters even more today," said DG Macpherson, Chairman and Chief Executive Officer. "In the midst of the uncertainty, we delivered robust top-line growth, solid profitability, and continued to produce strong operating cash flow in the first quarter. We also bolstered our already solid financial position, maintaining our flexibility to continue making thoughtful investments for the future. We intend to persevere through this crisis and I am confident that we are well-positioned to come out stronger on the other side."

2020 Company Guidance

Given the uncertainty around the depth and duration of this pandemic, and the related economic response, we are suspending our guidance for 2020. We intend to return to our normal guidance practices when appropriat

For earnings history and earnings-related data on Grainger (GWW) click here.