Grainger (GWW) Tops Q4 EPS by 14c, Offers FY23 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
GRAINGER REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2022
February 2, 2023 8:00 AM ESTSuccessful execution of strategic initiatives fuels strong results; Company issues 2023 guidance, including 7% to 11% sales growth
Fourth Quarter 2022 Financial Highlights
Delivered sales of $3.8 billion, up 13.2%, or 17.2% on a daily, constant currency basisAchieved reported operating margin of 14.3%, up 190 basis points, or 13.8% on an adjusted basis, up 135 basis pointsGenerated diluted EPS of $7.54 on a reported basis, up 38.6%, or $7.14 on an adjusted basis, up 31.3%Full Year 2022 Financial Highlights
Grew sales to $15.2 billion, up 16.9%, or 19.3% on a daily, constant... More