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|04/16/15||Grainger Reports Results For The 2015 First Quarter|
|Revises 2015 Guidance
- Sales of $2.4 billion, up 2 percent
- Operating earnings of $351 million, down 1 percent
- EPS of $3.07, flat to prior year
- Adjusted EPS of $3.10, up 1 percent excluding $0.03 per share restructuring costs
- Repurchased 634,000 shares
CHICAGO, April 16, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2015 first quarter ended March 31, 2015. Sales of $2.4 billion increased 2 percent versus $2.4 billion in the first quarter of 2014. There were 63 selling days in the 2015 first quarter, the same number as the 2014 first quarter. Net earnings for the quarter declined 3 percent to $211 million versus $217... |
|04/16/15||Grainger Announces Permanent Change To Capital Structure And Intent To Buy Back $3 Billion In Common Stock|
|CHICAGO, April 16, 2015 /PRNewswire/ -- Grainger (NYSE:GWW) announced today that its Board of Directors has approved the purchase of $3 billion of its common stock over the next three years. The share repurchase will be financed with a combination of cash and the issuance of new, permanent debt. In addition, the Board increased the repurchase authorization to 15 million shares. This replaces a prior program of 10 million shares approved in April 2014.
"This program reflects our confidence in the business and future prospects of the company and better optimizes our balance sheet," said Chairman, President and Chief Executive Officer Jim Ryan. "We are committed to creating shareholder... |
|03/12/15||Grainger Reports February 2015 Sales Results|
|CHICAGO, March 12, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported sales results for the month of February 2015. Sales increased 2 percent versus February 2014. Results for the month included 1 percentage point from acquisitions and a 3 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 4 percent driven by 4 percentage points from volume and a 2 percentage point benefit from favorable comparability to the business disruptions in February 2014 due to extreme weather. This increase was partially offset by a 1 percentage point decline in price and a 1 percentage point decline from winter storms in Februar... || |
|03/04/15||Grainger Earns Top Spot in Category of Wholesalers: Diversified on the FORTUNE List of World's Most Admired Companies|
|CHICAGO, March 4, 2015 /PRNewswire/ -- Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, today announced it earned the number one ranking on FORTUNE magazine's 2015 List of World's Most Admired Companies in the category of Wholesalers: Diversified. This ranking is consistent with 2014, when the company also earned the top spot in this category.
"At Grainger, we are committed to building a workplace where dedicated, talented people can thrive and serve customers, colleagues and business partners with excellence," said Grainger's Senior Vice President and Chief People Officer, Joseph High. "This r... || |
|02/12/15||Grainger To Present At Upcoming Investor Conferences|
|CHICAGO, Feb. 12, 2015 /PRNewswire/ -- Grainger (NYSE: GWW), the leading broad line supplier of maintenance, repair and operating products serving businesses and institutions, today announced its participation at investor conferences during the months of February and March 2015.
February 19, 2015 at 9:45 a.m. EST, D.G. Macpherson, Senior Vice President and Group President, Global Supply Chain and International, will present at the Barclays Industrial Select Conference in Miami, FL.
March 3, 2015 at 1:05 p.m. EST, Ron Jadin, Senior Vice President & Chief Financial Officer, will present at the Raymond James 36th Annual Institutional Investors Conference in Orlando, FL.
|02/12/15||Grainger Reports January 2015 Sales Results|
|CHICAGO, Feb. 12, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported sales results for the month of January 2015. Daily sales increased 3 percent versus January 2014. Results for the month included 1 percentage point from acquisitions and a 2 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 4 percent on a daily basis driven by 4 percentage points from volume and a 2 percentage point benefit from favorable comparability to the business disruptions in January 2014 due to the extreme weather. This increase was partially offset by a 2 percentage point decline from lower sales of seasonal products. January 20... |
|01/28/15||Grainger Declares Quarterly Dividend|
|CHICAGO, Jan. 28, 2015 /PRNewswire/ -- The board of directors of W.W. Grainger, Inc. declared a cash dividend of $1.08 per share payable on March 1, 2015, to shareholders of record on February 9, 2015.
W.W. Grainger, Inc., with 2014 sales of $10.0 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-300027007.html
SOURCE W.W. Grainger, Inc.
Media: Joseph Micucci, Director, Media Relations, O: 847-535-0879, M: 847-830-5328 or Gra... |
|01/26/15||Grainger Reports Results For Year Ended December 31, 2014|
|Company Adjusts 2015 Guidance for FX and Canadian Macroeconomic Headwinds; Now Expects Earnings per Share of $12.60 to $13.60
- Sales of $10.0 billion, up 6 percent
- Reported EPS of $11.45, up 3 percent
- Adjusted EPS of $12.26, up 6 percent
CHICAGO, Jan. 26, 2015 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the year ended December 31, 2014. Sales of $10.0 billion increased 6 percent versus $9.4 billion in 2013. Reported net earnings of $802 million increased 1 percent versus $797 million in 2013. Reported earnings per share of $11.45 increased 3 percent versus $11.13 in 2013. Unfavorable foreign exchange represented a $0.07 reduction to... || |