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Stock impact report

Grainger Reports Results For The 2018 Fourth Quarter And Full Year

W.W. Grainger, Inc. (GWW) 
Last w.w. grainger, inc. earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: invest.grainger.com
Company Research Source: PR Newswire
CHICAGO, Jan. 24, 2019 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the fourth quarter and full year 2018. For the full year, sales of $11.2 billion increased 8 percent versus $10.4 billion in the prior year. Sales of $2.8 billion in the 2018 fourth quarter increased 5 percent versus $2.6 billion in the 2017 fourth quarter. "2018 was a year of focus and achievement for Grainger. Across the business, we executed on our long-term strategy and enhanced our relationships with customers. Our key accomplishments included U.S. segment volume growth of 8 percent, a profitable fourth quarter for the Canadian business and double-digit revenue growth for our single channel businesses, all while reducing our cost structure across the organization. In addition, we delivered 12 percent company operating margin a year earlier than anticipated. I'm extremely proud of our team members and what they have accomplished," said DG Macpherson, Chairman and Chief Executive Officer. "We rem Show less Read more
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