Grainger (GWW) Tops Q2 EPS by 42c

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Grainger Reports Results For The 2020 Second Quarter

July 23, 2020 8:00 AM EDT

CHICAGO, July 23, 2020 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2020 second quarter including sales of $2.8 billion in the quarter driven by significant share gains in the U.S. segment. We estimate the MRO market declined between 14% and 15% in the U.S.

"We remain grounded in our priorities of serving our customers well, helping our customers and team members focus on safety and well-being, and maintaining a strong financial position even in times like these," said DG Macpherson, Chairman and Chief Executive Officer. "During the second quarter,... More