Grainger (GWW) Tops Q3 EPS by 35c, Offers FY Guidance
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Grainger Reports Results For The Third Quarter 2021
October 29, 2021 8:00 AM EDTCHICAGO, Oct. 29, 2021 /PRNewswire/ --
Third Quarter Highlights
Delivered sales of $3.4 billion, up 11.7%, compared to the third quarter of 2020; up 11.9% on an organic, daily, constant currency basis Expanded gross margin by 145 bps compared to the third quarter of 2020, expanded by 205 bps sequentially Operating earnings of $438 million, up 17.4%, resulting in EPS of $5.65, growth of 25% versus the third quarter of 2020 Returned $327 million to shareholders through dividends and share repurchasesGrainger (NYSE: GWW) today reported results for the third quarter... More
