Grainger Reports Results for the Third Quarter 2023
*Delivered sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis *Generated operating earnings of $667 million, up 10.7%, with operating margin of 15.9%, up 60 basis points *Achieved diluted EPS of $9.43, an increase of 14.1% *Produced $523 million in operating cash flow and returned $287 million to Grainger shareholders through dividends and share repurchases *Narrowing full-year 2023 total Company guidance, including an updated outlook for daily sales growth between 8.5% to 9.5% and diluted EPS of $36.00 to $36.60