W.W. Grainger, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:00 am EDT
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W.W. Grainger, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 3,647 million compared to USD 3,084 million a year ago. Net income was USD 366 million compared to USD 238 million a year ago. Basic earnings per share from continuing operations was USD 7.11 compared to USD 4.51 a year ago. Diluted earnings per share from continuing operations was USD 7.07 compared to USD 4.48 a year ago.
W.W Grainger, Inc. specializes in professional distribution of industrial supplies and equipment. The group supplies businesses and institutions with maintenance equipment, industrial safety supplies, service and maintenance parts, lighting products, ventilation equipment, pumps and plumbing products, etc.
At the end of 2020, products are marketed through a network of 407 branches (of which 287 in the United States and 49 in Canada), 29 distribution centers (of which 17 in the United States and 5 in Canada), through catalogues and the Internet.
Net sales are distributed geographically as follows: the United States (72.6%), Canada (4%) and other (23.4%).
W.W. GRAINGER, INC. 
