Grainger (GWW) Tops Q1 EPS by 18c, Guidance Tops Consensus
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Grainger Reports Results For The First Quarter 2021
April 30, 2021 8:00 AM EDTCHICAGO, April 30, 2021 /PRNewswire/ --
First Quarter Financial Highlights
Delivered sales of $3.1 billion, up 2.8%, and up 5.9% on an organic, daily, constant currency basis compared to the first quarter 2020 (excluding divestitures and foreign exchange) Expanded reported and adjusted operating margins by 630 and 20 basis points, respectively Generated $294 million in operating cash flow and returned $256 million to shareholders through dividends and share repurchases Provides full year guidance: Total company daily revenue growth of 8.5-11.0% and earnings per share of $19.00-20.50 (growth of 17.5% to... More