W.W. Grainger (GWW)
NYSE:GWW
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
11.16Last Year’s EPS
9.97Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based revenue and profit growth, healthy cash generation, and raised full-year guidance driven by solid price realization, share gains, and strength in both High-Touch and Endless Assortment segments. Counterbalancing these positives are near-term margin headwinds from fuel costs, private-label cost timing, LIFO accounting effects, and geopolitical/tariff uncertainty that are expected to pressure margins in Q2. Overall, management projects these headwinds as transitory while emphasizing continued execution and confidence in long-term strategy.Company Guidance
Strong Top-Line Growth
Total company reported sales increased 10.1% year-over-year and 12.2% on a daily organic constant currency basis; preliminary April sales were up north of 13% on a daily organic constant currency basis.
Segment Outperformance — Endless Assortment
Endless Assortment sales rose 19.6% reported and 21.9% daily organic constant currency; Zoro U.S. sales up 18.7% and MonotaRO grew 24.3% in local days/local constant currency.
High-Touch Solutions Momentum
High-Touch Solutions delivered 10.5% sales growth reported (10% daily constant currency), with broad-based acceleration from manufacturing, government, and contractor customers.
Margin Expansion and Profitability
Total company gross margin was 40.0% (up 30 basis points YoY) and operating margin was 16.7%; operating margin expanded 110 basis points year-over-year and diluted EPS rose 18.2% to $11.65.
Segment Profitability Gains
Endless Assortment operating margin improved 190 basis points to 10.6%; MonotaRO margin 12.9% (up 90 bps) and Zoro margin 7.3% (up 210 bps). High-Touch operating margin was 18.3% (up 60 bps).
Strong Cash Generation and Shareholder Returns
Operating cash flow was $739 million for the quarter; the company returned $345 million to shareholders via dividends and share repurchases and announced a 10% increase to the quarterly dividend (55th consecutive year of increases).
Raised Full-Year Guidance
Management raised 2026 outlook to daily organic constant currency sales growth of 9.5%–12.0% and raised EPS guidance to $44.25–$46.25 (nearly 15% YoY growth at the midpoint), a $1.75 midpoint increase versus prior guidance.
Strong Price Realization
Management cites healthy price realization as a contributor to results, with North America price contribution of about five percentage points and better-than-expected price/cost performance in Q1.
GWW Earnings History
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 |
|---|---|---|---|
May 07, 2026 | $1167.50 | $1231.61 | +5.49% |
Feb 03, 2026 | $1091.90 | $1150.49 | +5.37% |
Oct 31, 2025 | $950.25 | $972.87 | +2.38% |
Aug 01, 2025 | $1030.58 | $924.40 | -10.30% |
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 Jul 23, 2026, Before Open (Confirmed).
What is W.W. Grainger (GWW) earnings time?
W.W. Grainger (GWW) earnings time is at Jul 23, 2026, 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 2026 (Q2) is 11.16.