W.W. Grainger, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 24, 2019 at 06:30 pm IST
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W.W. Grainger, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was USD 2,763 million compared to USD 2,633 million a year ago. Operating income was USD 290 million compared to USD 236 million a year ago. Net income was USD 209 million compared to USD 151 million a year ago. Basic earnings per share was USD 3.71 compared to USD 2.64 a year ago. Diluted earnings per share was USD 3.68 compared to USD 2.63 a year ago. For the full year, sales was USD 11,221 million compared to USD 10,425 million a year ago. Operating income was USD 1,158 million compared to USD 1,035 million a year ago. Net income was USD 782 million compared to USD 586 million a year ago. Basic earnings per share was USD 13.82 compared to USD 10.07 a year ago. Diluted earnings per share was USD 13.73 compared to USD 10.02 a year ago.
W.W Grainger, Inc. specializes in professional distribution of industrial supplies and equipment. The group supplies businesses and institutions with maintenance equipment, industrial safety supplies, service and maintenance parts, lighting products, ventilation equipment, pumps and plumbing products, etc.
At the end of 2020, products are marketed through a network of 407 branches (of which 287 in the United States and 49 in Canada), 29 distribution centers (of which 17 in the United States and 5 in Canada), through catalogues and the Internet.
Net sales are distributed geographically as follows: the United States (72.6%), Canada (4%) and other (23.4%).
W.W. GRAINGER, INC. 
