Grainger (GWW) Tops Q4 EPS by 37c, Revenues Miss; Offers FY19 EPS Outlook

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Grainger Reports Results For The 2018 Fourth Quarter And Full Year

January 24, 2019 8:00 AM EST

CHICAGO, Jan. 24, 2019 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the fourth quarter and full year 2018. For the full year, sales of $11.2 billion increased 8 percent versus $10.4 billion in the prior year. Sales of $2.8 billion in the 2018 fourth quarter increased 5 percent versus $2.6 billion in the 2017 fourth quarter.

"2018 was a year of focus and achievement for Grainger. Across the business, we executed on our long-term strategy and enhanced our relationships with customers. Our key accomplishments included U.S. segment volume growth of 8 percent, a profitable fourth quarter for the Canadian business... More