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Grainger Increases 1st-Quarter Sales 18%

W.W. Grainger Inc. has reported first-quarter sales of US$3.6 billion, an increase of 18.2% year-over-year.

Grainger’s adjusted operating earnings for the quarter were $534 million, up 49% compared to the same period last year. The company’s reported earnings per share of $7.07 in the first quarter were up 57.8% versus reported earnings per share of $4.48 in 2021.

“The Grainger team performed extremely well in the first quarter, with strong financial results supported by a robust demand environment. We continued to execute against our key growth initiatives, drive operational excellence, and strengthen our culture,” said DG Macpherson, Grainger CEO. “Despite the ongoing inflationary and supply chain challenges, we are well positioned for a successful year.”

About Grainger
W.W. Grainger Inc. is a broad-line supplier of maintenance, repair, and operating products serving businesses and institutions in North America. It has an expanding presence in Asia, Europe, and Latin America. For more information, visit www.grainger.com.