The company said net sales for Q1 2024 were $4,235 million, up 3.5% from $4,091 million a year earlier. Operating margin was 15.8%, down 80 basis points.

1. 01

   The company said net sales for Q1 2024 were $4,235 million, up 3.5% from $4,091 million a year earlier. Operating margin was 15.8%, down 80 basis points.

2. 02

   W.W. Grainger said diluted EPS for Q1 2024 was $9.62, up 0.1% from $9.61 a year earlier. Operating earnings for the same period were $669 million, down 1.6%. The company said a lower share count offset the decline in operating earnings.

3. 03

   The company said operating cash flow for Q1 2024 was $661 million, and free cash flow, after deducting capital expenditures of $119 million, was $542 million. It said it returned $360 million to shareholders through dividends and share repurchases in the same quarter.

4. 04

   W.W. Grainger said it reaffirmed its full-year 2024 net sales outlook of $17.2 billion to $17.7 billion and its diluted EPS outlook of $38.00 to $40.50. The outlook is the range it announced on February 2, 2024, as reaffirmed on April 25, 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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