Grainger – Grainger reports results for the third quarter 2023

Grainger

Advancing strategic initiatives while driving continued strong results;
Company narrows full-year 2023 guidance range

 

 

Third Quarter Highlights

  • Delivered sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis
  • Generated operating earnings of $667 million, up 10.7%, with operating margin of 15.9%, up 60 basis points
  • Achieved diluted EPS of $9.43, an increase of 14.1%