Quarterly ResultMay 7, 2026, 04:30 PM
Grainger Q1 Diluted EPS $11.65, Net Sales $4.74B
AI Summary
W.W. Grainger, Inc. reported strong financial results for the first quarter of 2026, with diluted earnings per share increasing 18.2% to $11.65 and net sales growing 10.1% to $4.74 billion. Both the High-Touch Solutions N.A. and Endless Assortment segments contributed to the sales growth, with operating earnings rising 18.0% to $793 million. The company also announced a quarterly dividend of $2.49 per share.
Key Highlights
- Diluted EPS was $11.65, an 18.2% increase from $9.86 in the prior year period.
- Net sales rose 10.1% to $4.74 billion for the three months ended March 31, 2026.
- Net earnings attributable to W.W. Grainger, Inc. increased 15.9% to $555 million.
- Operating earnings grew 18.0% to $793 million, with a margin of 16.7%.
- High-Touch Solutions N.A. segment net sales increased 10.5% to $3.75 billion.
- Endless Assortment segment net sales surged 19.6% to $990 million.
- Net cash provided by operating activities was $739 million for the quarter.
- The Board of Directors declared a quarterly dividend of $2.49 per share.