Grainger Q1 sales up 1.7%
Grainger reported first quarter sales of $4.3 billion, up 1.7%, or 4.4% on a daily, constant currency basis, and diluted EPS of $9.86, up 2.5% compared to the first quarter of 2024.
The company achieved an operating margin of 15.6%, down 20 basis points, produced $646 million in operating cash flow, and returned $380 million to Grainger shareholders through dividends and share repurchases.
"Across both segments, our team kicked off 2025 by excelling at what we do best: delivering exceptional service, advancing our capabilities and being a trusted partner for our customers," said Chairman and CEO D.G. Macpherson. "This focus on what truly matters has led to solid performance despite the continued muted demand environment. Looking ahead, we will remain committed to our purpose, We Keep the World Working, while providing an outstanding customer experience and delivering on our commitments to our stakeholders."
In the High-Touch Solutions - N.A. segment, sales were down (0.2)%, or up 1.9% on a daily, constant currency basis compared to the first quarter of 2024 driven by growth across all geographies. In the Endless Assortment segment, sales were up 10.3%, or 15.3% on a daily, constant currency basis compared to the first quarter of 2024. Revenue growth for the segment was driven by strong performance at both MonotaRO and Zoro.
Gross profit margin was 39.7% in the first quarter of 2025, an increase of 30 basis points from the first quarter of 2024.
INDUSTRIAL SUPPLY MAGAZINE
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