Grainger(US:GWW)2023-07-27 19:02Financial Performance - Total company sales increased by 9% to $4.182 billion in Q2 2023 compared to $3.837 billion in Q2 2022[97] - Diluted EPS increased by 29.1% to $9.28 in Q2 2023 compared to $7.19 in Q2 2022[97, 98] - High-Touch Solutions N.A sales increased by 9.9% to $3.355 billion in Q2 2023 compared to $3.053 billion in Q2 2022[100] - Operating margin for High-Touch Solutions N.A expanded by 230 bps[100, 121] - The company is raising the midpoint of full year 2023 revenue and EPS guidance[3] - Adjusted Return on Invested Capital (ROIC) is 44.6%[3, 33] Segment Performance - Zoro U.S. sales grew by 2.8% on a daily basis[25, 56, 111] - MonotaRO sales increased by 5.5% on a daily basis, with 12.6% growth in local days and local currency[25, 57, 111] ESG Initiatives - The company generated $1 billion in revenue from Environmentally Preferable Products in HTS – U.S[1] - The company spent $2 billion on products from underrepresented businesses[1] - The company achieved a 26% reduction in total absolute global Scope 1 & 2 emissions since 2018[1]