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Stock impact report

Grainger Reports Results For The 2019 Fourth Quarter And Full Year

W.W. Grainger, Inc. (GWW) 
Last w.w. grainger, inc. earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: invest.grainger.com
Company Research Source: PR Newswire
CHICAGO, Jan. 30, 2020 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the fourth quarter and full year 2019. For the full year, sales of $11.5 billion increased 2.5 percent versus $11.2 billion in the prior year. Sales of $2.8 billion in the 2019 fourth quarter increased 3 percent versus the 2018 fourth quarter."In 2019, we grew sales, operating earnings and EPS despite challenging and uncertain economic conditions. Our sales growth in the U.S. outperformed the market throughout the year, and our share gain accelerated in the fourth quarter, as our growth initiatives began to take hold. At our U.S. endless assortment business, Zoro, we continued to invest in the business to ensure ongoing success. At the total company level, our strong expense control held SG&A stable and enabled our advertising, technology and Zoro investments, " said DG Macpherson, Chairman and Chief Executive Officer. "As we look to 2020, we will diligently manage expenses while continuing to inves Show less Read more
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