Grainger reports results for the second quarter 2024
Operational execution driving resilient performance; company narrows 2024 earnings outlook second quarter highlights delivered sales of $4.3 billion, up 3.1%, or 5.1% on a daily, organic constant currency basis achieved reported operating margin of 15.1%, down 70 basis points, or 15.4% on an adjusted basis, down 40 basis points generated diluted eps of $9.51 on a reported basis, up 2.5%, or $9.76 on an adjusted basis, up 5.2% produced $411 million in operating cash flow and returned $345 million to grainger shareholders through dividends and share repurchases narrowing most 2024 total company guidance ranges, including daily, organic constant currency sales growth of 4.0% to 6.0% and adjusted diluted eps of $38.00 to $39.50 chicago , aug. 1, 2024 /prnewswire/ -- grainger (nyse: gww) today reported results for the second quarter of 2024 with sales of $4.3 billion, up 3.1%, or 5.1% on a daily, organic constant currency basis, and adjusted diluted eps of $9.76, up 5.2% compared to the second quarter of 2023. "i'm proud of our team for providing a flawless experience and creating tangible value for our customers.
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