W.W. Grainger, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 29, 2021 at 08:13 am EDT
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W.W. Grainger, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 3,372 million compared to USD 3,018 million a year ago. Net income was USD 297 million compared to USD 240 million a year ago. Basic earnings per share from continuing operations was USD 5.68 compared to USD 4.43 a year ago. Diluted earnings per share from continuing operations was USD 5.65 compared to USD 4.41 a year ago.
For the nine months, sales was USD 9,663 million compared to USD 8,856 million a year ago. Net income was USD 760 million compared to USD 527 million a year ago. Basic earnings per share from continuing operations was USD 14.48 compared to USD 9.74 a year ago. Diluted earnings per share from continuing operations was USD 14.4 compared to USD 9.7 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. 
