GWW Q2 2025

Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

W.W. Grainger delivered a mixed second quarter, with revenue clearing the bar while earnings fell just short, sending shares sharply lower as investors focused on margin deterioration and a trimmed profit outlook. Net sales rose 5.6% year-over-year t… Read more W.W. Grainger delivered a mixed second quarter, with revenue clearing the bar while earnings fell just short, sending shares sharply lower as investors focused on margin deterioration and a trimmed profit outlook. Net sales rose 5.6% year-over-year to $4.55 billion, edging past the $4.53 billion consensus by 0.59%, but diluted EPS of $9.97 missed the $10.07 estimate by 1.03%, as tariff-related inflation drove unfavorable price/cost timing and LIFO inventory valuation headwinds that compressed consolidated gross profit margin by 80 basis points to 38.5%. The High-Touch Solutions North America segment bore the brunt of those pressures, while the Endless Assortment segment offered a meaningful offset with 19.7% reported sales growth. Looking ahead, Grainger reduced its full-year adjusted diluted EPS guidance to $38.50-$40.25 from a prior range of $39.00-$41.50, and trimmed its gross margin outlook to 38.6%-38.9%, signaling that tariff headwinds are far from resolved, with management pointing to a more meaningful margin recovery not arriving until 2026.