The earnings call highlighted solid sales growth and strong performance in the Endless Assortment segment, including Zoro U.S. However, significant challenges were noted in the form of gross margin pressures due to LIFO inventory valuation and tariff-related issues. The updated earnings outlook and margin declines indicate a cautious approach moving forward.

Company Guidance -

Q3 2025

During the W.W. Grainger Second Quarter 2025 Earnings Call, several key financial metrics and guidance updates were discussed. The company reported sales of nearly $4.6 billion for the quarter, representing a 5.6% increase, or a 5.1% increase on a daily constant currency basis. Operating margins were recorded at 14.9%, and diluted earnings per share (EPS) rose by $0.21 to $9.97. Operating cash flow was $377 million, which facilitated the return of $336 million to shareholders through dividends and share repurchases. The company noted that without the LIFO inventory valuation headwinds, operating margins would have been flat year-over-year. Looking forward, Grainger anticipates continued LIFO impacts and price/cost timing pressures, leading to an updated earnings outlook for 2025. The company projects earnings per share between $38.50 and $40.25, with expectations of gross margin recovery over time as pricing strategies are implemented. Additionally, Grainger adjusted its sales outlook, accounting for FX rates and pricing actions, and increased expected capital expenditures by $100 million due to distribution center network investments.

Total Company Sales Growth

Total company reported sales for the quarter were nearly $4.6 billion, up 5.6% or 5.1% on a daily constant currency basis.

Endless Assortment Segment Strength

Sales increased 19.7% or 16.3% on a daily constant currency basis for the Endless Assortment segment, driven by strong growth in Zoro U.S. and MonotaRO.

Zoro U.S. Momentum

Zoro U.S. achieved 20% growth, driven by growth from core B2B customers and improving customer retention rates.

Operating Cash Flow and Shareholder Returns

Operating cash flow came in at $377 million, allowing the return of $336 million to shareholders through dividends and share repurchases.

WW Grainger (GWW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GWW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	10.06 / -	9.87	―	―	―
Aug 01, 2025	2025 (Q2)	10.07 / 9.97	9.76	2.15% (+0.21)
May 01, 2025	2025 (Q1)	9.48 / 9.86	9.62	2.49% (+0.24)
Jan 31, 2025	2024 (Q4)	9.74 / 9.71	8.33	16.57% (+1.38)
Oct 31, 2024	2024 (Q3)	9.96 / 9.87	9.43	4.67% (+0.44)
Aug 01, 2024	2024 (Q2)	9.59 / 9.76	9.28	5.17% (+0.48)
Apr 25, 2024	2024 (Q1)	9.62 / 9.62	9.61	0.10% (<+0.01)
Feb 02, 2024	2023 (Q4)	8.05 / 8.33	7.14	16.67% (+1.19)
Oct 26, 2023	2023 (Q3)	8.92 / 9.43	8.27	14.03% (+1.16)
Jul 27, 2023	2023 (Q2)	9.11 / 9.28	7.19	29.07% (+2.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GWW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$1039.54	$932.44	-10.30%
May 01, 2025	$1022.08	$1051.13	+2.84%
Jan 31, 2025	$1121.39	$1058.26	-5.63%
Oct 31, 2024	$1092.88	$1102.72	+0.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does W.W. Grainger (GWW) report earnings?

W.W. Grainger (GWW) is schdueled to report earning on Oct 31, 2025, Before Open (Confirmed).

What is W.W. Grainger (GWW) earnings time?

W.W. Grainger (GWW) earnings time is at Oct 31, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GWW EPS forecast?

GWW EPS forecast for the fiscal quarter 2025 (Q3) is 10.07.

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