Grainger (GWW) Tops Q4 EPS by 20c, Offers Guidance

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Go back to Grainger (GWW) Tops Q4 EPS by 20c, Offers Guidance

GRAINGER REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2021

February 3, 2022 8:00 AM EST

CHICAGO, Feb. 3, 2022 /PRNewswire/ --

Fourth Quarter Financial Highlights

Delivered sales of $3.4 billion, up 14.2%, and up 16.9% on a daily, constant currency basis Expanded gross margin by 240 bps to 37.3% Generated reported and adjusted operating earnings of $417 million and achieved operating margin of 12.4%, up 305 basis points on a reported basis and up 240 basis points on an adjusted basis

2021 Financial Highlights

Delivered sales of $13.0 billion, up 10.4%, and up 12.4% on an organic, daily, constant currency basis Drove U.S. market outgrowth... More