Grainger (GWW) Misses Q1 EPS by 19c, Revenues Beat; Suspends FY20 Guidance

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Go back to Grainger (GWW) Misses Q1 EPS by 19c, Revenues Beat; Suspends FY20 Guidance

Grainger Reports Results For The 2020 First Quarter

April 23, 2020 8:00 AM EDT

CHICAGO, April 23, 2020 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2020 first quarter. Sales of $3.0 billion in the quarter increased 7.2% versus the 2019 first quarter. On a daily basis, sales were up 5.5%. The first quarter had one more selling day than the prior year period.

"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... More