Strong Full Year 2024 Performance
Grainger achieved over $17.2 billion in sales, marking a 4.2% increase on a reported basis and a 4.7% increase on a daily organic constant currency basis. Adjusted EPS grew by over 6% to $38.96 per share, with an ROIC of 41.6%.
Endless Assortment Segment Success
The segment showed significant improvement with daily constant currency sales up 11.6%. MonotaRO achieved 29% growth with enterprise customers, and Zoro returned to double-digit sales growth by the end of the year.
High-Touch Solutions Market Outgrowth
The High-Touch Solutions U.S. business outgrew the market by approximately 100 basis points, driven by 325 basis points of volume outgrowth for the year.
Investment in Technology and Data
Grainger continues to leverage technology and data, including machine learning and AI, to improve customer service and operational efficiency, notably in inventory management and customer interaction.