- Attractive opportunity to accelerate growth of the online model in the U.K. and Germany
- Transaction price will be £310M GBP/approximately $482 million USD
- Expected to be immediately EPS accretive and $0.10 to $0.15 accretive to Grainger's 2016 EPS
- Grainger to host a live conference call and webcast at 10:00 a.m. EDT today
CHICAGO, July 30, 2015 /PRNewswire/ -- Grainger (NYSE: GWW), North America's leading broad line distributor of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced it has entered into a definitive agreement to acquire Cromwell Group (Holdings) Limited, together with its subsidiaries ("Cromwell") on a cash ...
CHICAGO, July 29, 2015 /PRNewswire/ -- The board of directors of W.W. Grainger, Inc. (NYSE: GWW) today declared a cash dividend of $1.17 per share payable on September 1, 2015, to shareholders of record on August 10, 2015.
W.W. Grainger, Inc., with 2014 sales of $10 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with operations also in Asia, Europe and Latin America.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/grainger-declares-quarterly-dividend-300120524.html
SOURCE W.W. Grainger, Inc.
Media: Joseph Micucci, Director, Media Relations, O: 847-535-0879, M: 847-830-5328, G...
Revises 2015 Guidance
- Sales of $2.5 billion, up 1 percent, up 3 percent organic
- Operating earnings of $357 million, up 5 percent
- Net earnings of $221 million, up 7 percent
- EPS of $3.25, up 11 percent
- $373 million returned to shareholders through share repurchases and dividends
CHICAGO, July 17, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2015 second quarter ended June 30, 2015. Sales of $2.5 billion increased 1 percent versus $2.5 billion in the 2014 second quarter. There were 64 selling days in the quarter, the same as in 2014. Net earnings for the quarter increased 7 percent to $221 million versus $206 million...
No Evidence of Impact to Customers, Suppliers or Employees
CHICAGO, July 14, 2015 /PRNewswire/ -- On June 2, Grainger's IT security team discovered that the company was the subject of a cyberattack and that the intruders were able to access limited information on Grainger's network. In response, Grainger immediately began following its cybersecurity protocol by working with leading cybersecurity experts to investigate the situation; implementing enhanced security measures; and quickly notifying law enforcement officials. The company has not experienced any service disruptions or outages as a result of the incident.
The initial phase of this ongoing investigation is complete. At th...
W.W. Grainger, Inc., with 2014 sales of $10 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with operations also in Asia, Europe and Latin America.. Learn more about the company or view our fact sheet.