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Grainger Reports 3.5% Increase in 1st-Quarter Sales

W.W. Grainger Inc. has reported first-quarter sales of US$4.2 billion, an increase of 3.5% year-over-year.

Grainger’s adjusted operating earnings for the quarter were $669 million, a decline of 1.6% compared to the same period last year. The company’s reported diluted earnings per share of $9.62 in the first quarter were up slightly versus reported earnings per share of $9.61 in 2023.

“Our 2024 performance so far shows that the team is focusing on what matters and living our purpose—We Keep the World Working®,” said D.G. Macpherson, Grainger chairman and CEO. “We’ve produced solid results amidst a slow, but steady demand environment. Looking to the remainder of the year, we are well-positioned to achieve our guidance outlook as we work to provide a flawless experience and deliver tangible value for our customers.”

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 grainger.com.