UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission file number 1-5684 W.W. Grainger, Inc. (Exact name of registrant as specified in its charter) Illinois 36-1150280 (State or o ...

NYSE: GWW Q3 2022 Earnings Call October 28, 2022 A Safe Harbor Statement and Non-GAAP Financial Measures | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

W.W. Grainger, Inc. (NYSE:GWW) Q3 2022 Earnings Conference Call October 28, 2022 11:00 AM ET Company Participants Kyle Bland - Vice President, Investor Relations D.G. Macpherson - Chairman & Chief Executive Officer Dee Merriwether - Senior Vice President & Chief Financial Officer Conference Call Participants Tommy Moll - Stephens David Manthey - Baird Josh Pokrzywinski - Morgan Stanley Jake Levinson - Melius Research Deane Dray - RBC Capital Markets Ryan Merkel - William Blair Chris Snyder - UBS Christopher ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission file number 1-5684 W.W. Grainger, Inc. (Exact name of registrant as specified in its charter) Illinois 36-1150280 (State or other ...

W.W. Grainger, Inc. (NYSE:GWW) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Kyle Bland - Vice President of Investor Relations D.G. Macpherson - Chairman & Chief Executive Officer Dee Merriwether - Senior Vice President & Chief Financial Officer Conference Call Participants Ryan Merkel - William Blair Tommy Moll - Stephens Deane Dray - RBC Capital Markets David Manthey - Baird Hans Hoffman - Jefferies Nigel Coe - Wolfe Research Christopher Glynn - Oppenheimer Josh Pokrzyw ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission file number 1-5684 W.W. Grainger, Inc. (Exact name of registrant as specified in its charter) Illinois 36-1150280 (State or other ...

W.W. Grainger, Inc. (NYSE:GWW) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Kyle Bland - Vice President of Investor Relations Don Macpherson - Chairman & Chief Executive Officer Dee Merriwether - Chief Financial Officer & Senior Vice President Conference Call Participants Jake Levinson - Melius Research Ryan Merkel - William Blair Nigel Coe - Wolfe Research David Manthey - Baird Josh Pokrzywinski - Morgan Stanley Chris Snyder - UBS Hans Hoffman - Jefferies Deane Dray - RB ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission file number 1-5684 W.W. Grainger, Inc. (Exact name of registrant as specified in its charter) Illinois 36-1150280 (I.R.S. Employer Ide ...

Financial Data and Key Metrics Changes - The company achieved $13 billion in sales for the full year 2021, with organic daily sales growth of 12.7% [19] - The operating margin increased to 11.9%, up 65 basis points from the previous year, and the return on invested capital (ROIC) was 31.9% [21] - For Q4 2021, sales were up 16% year-over-year, with a gross profit margin of 37.3%, which was 240 basis points higher than the prior year [22] Business Line Data and Key Metrics Changes - High-Touch Solutions segment saw daily sales growth of 16.5% in Q4 compared to the same quarter in 2020, with gross profit margin at 39.6%, up 250 basis points year-over-year [24][26] - The Endless Assortment segment reported daily sales growth of 15.2%, with MonotaRO's daily sales growing 20.2% in local currency [33] - Core non-pandemic product sales increased by 28% year-over-year in Q4, while pandemic product sales remained elevated, up 41% compared to 2019 [30] Market Data and Key Metrics Changes - The U.S. market grew between 10% and 11%, with the company achieving 650 basis points of market share outgrowth in Q4 [32] - The company expects to grow 300 basis points above the estimated MRO market growth of 4% to 7% in 2022 [36] - Canadian daily sales grew by 12.2%, with positive growth across 11 of 14 industries [25] Company Strategy and Development Direction - The company remains focused on customer needs and strategic initiatives that drive growth, including increased marketing investments and technology enhancements [12][14] - The company aims to execute growth drivers that provide customers with a flawless experience and tangible value [48] - ESG initiatives are being prioritized, with a focus on reducing greenhouse gas emissions and improving supplier diversity [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating supply chain challenges and maintaining strong customer relationships [68][83] - The outlook for 2022 includes revenue expectations between $14.1 billion and $14.5 billion, with daily sales growth projected between 7.5% and 10.5% [36] - Management anticipates a more normal year with reasonable sequential trends and plans to resume standard guidance practices [45] Other Important Information - The company plans to invest between $275 million and $325 million in capital expenditures, focusing on supply chain and technology investments [43] - A significant LIFO adjustment of around $49 million is expected due to increased inventory and cost inflation [74] - The company is optimistic about the performance of its Endless Assortment segment, particularly Zoro and MonotaRO [35] Q&A Session Summary Question: 2022 guidance on High-Touch Solutions market outgrowth - Management clarified that the expected share gain is primarily driven by volume, with pricing aligned to market [56][57] Question: Zoro margins and operating margin outlook - Management confirmed that expectations for Zoro's operating margin remain unchanged despite recent gross profit improvements [62][63] Question: Supply chain issues and private label manufacturing - Management acknowledged ongoing supply chain challenges but noted successful navigation and prioritization of locally sourced items [68][69] Question: Capital expenditures and investment focus - Management indicated that the increase in CapEx is not a catch-up but a return to normal levels, focusing on maintenance and capacity investments [70][72] Question: LIFO adjustment details - The LIFO adjustment is included in the adjusted results and is significantly larger than historical levels due to inventory investments and cost inflation [74][76] Question: Gross margin outlook for 2022 - Management expects gross margin to stabilize near pre-pandemic levels, with some compression anticipated from the Endless Assortment segment [78] Question: Market share dynamics and supply chain benefits - Management believes the company has benefited from supply chain challenges faced by competitors, enhancing customer relationships [82][83] Question: Medium customer strategy and market share growth - Management noted ongoing recovery in midsized customer sales, with confidence in future growth potential [86] Question: MonotaRO's enterprise customer growth - Management indicated that the competitive market dynamics differ significantly between Japan and the U.S., with enterprise customer growth focused on the Grainger brand [89]

W.W. Grainger, Inc. (NYSE:GWW) Q3 2021 Results Earnings Conference Call October 29, 2021 11:00 AM ET Company Participants D.G. Macpherson – Chairman and CEO Dee Merriwether – Senior Vice President and CFO Irene Holman – Vice President of Investor Relations Conference Call Participants Chris Snyder – UBS Christopher Glynn – Oppenheimer Ryan Merkel – William Blair Deane Dray – RBC Capital Markets David Manthey – Baird Adam Uhlman – Cleveland Research Jacob Levenson – Melius Research Hamzah Mazari – Jefferi ...