Raymond James Financial Inc Institutional Investors Conference
at 8:40 a.m. ET
W.W. Grainger, Inc., with 2013 sales of $9.4 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with operations in Asia, Europe and Latin America. Learn more about the company or view our fact sheet.
Reiterates 2014 Sales and EPS Guidance
-- Sales of $2.4 billion, up 5 percent
-- March sales up 8 percent, including 1 pp benefit from holiday timing
-- Operating earnings of $354 million, up 3 percent
-- EPS of $3.07, up 4 percent
-- Repurchased 615,000 shares
CHICAGO, April 16, 2014 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2014 first quarter ended March 31, 2014. Sales of $2.4 billion increased 5 percent versus $2.3 billion in the first quarter of 2013. There were 63 selling days in the 2014 first quarter, the same number as the 2013 first quarter. Net earnings for the quarter increased 2 percent to $217 million versus...
Company also Invites 25 Community Colleges to Join its Roster
CHICAGO, April 8, 2014 /PRNewswire/ -- Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced the expansion of its Grainger Tools for Tomorrow® scholarship program to offer financial assistance to qualified students enrolled in public safety programs.
Public safety is one of the fastest growing fields of study at community colleges. According to a 2013 report by the National Center for Education Statistics, the number of students choosing homeland security, law enforcement or fire safety programs increased 174 percent betw...
CHICAGO, March 13, 2014 /PRNewswire/ -- Grainger (NYSE: GWW) today reported sales results for the month of February 2014. Sales increased 3 percent versus February 2013. Results for the month included 2 percentage points from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 3 percent driven by 4 percentage points from volume, 1 percentage point from increased sales of seasonal products, partially offset by a 2 percentage points decline from business disruptions due to the extreme weather that closed customer and Grainger facilities across the United States at times d...
CHICAGO, Feb. 19, 2014 /PRNewswire/ -- The Board of Directors of W.W. Grainger, Inc. (NYSE: GWW) today selected a slate of nominees to serve for the 2014 – 2015 period. The ten candidates, all current board members, to be voted on at the annual meeting are:
Brian P. Anderson
V. Ann Hailey
William K. Hall
Stuart L. Levenick
Neil S. Novich
Michael J. Roberts
Gary L. Rogers
James T. Ryan
E. Scott Santi
James D. Slavik
John W. McCarter, Jr. will not stand for re-election. Mr. McCarter has been a board member of Grainger since 1990 and served as a member of the Board Affairs and Nominating Committee and the Compensation Committee.
Grainger Chairman, President and Chief Execu...