Grainger reports results for the fourth quarter and full year 2022
Successful execution of strategic initiatives fuels strong results; company issues 2023 guidance, including 7% to 11% sales growth fourth quarter 2022 financial highlights delivered sales of $3.8 billion, up 13.2%, or 17.2% on a daily, constant currency basis achieved reported operating margin of 14.3%, up 190 basis points, or 13.8% on an adjusted basis, up 135 basis points generated diluted eps of $7.54 on a reported basis, up 38.6%, or $7.14 on an adjusted basis, up 31.3% full year 2022 financial highlights grew sales to $15.2 billion, up 16.9%, or 19.3% on a daily, constant currency basis realized reported operating margin of 14.5%, up 265 basis points, or 14.4% on an adjusted basis, up 255 basis points delivered diluted eps of $30.06 on a reported basis, up 51.5%, or $29.66 on an adjusted basis, up 49.5% produced $1.3 billion in operating cash flow and returned $949 million to grainger shareholders through dividends and share repurchases chicago , feb. 2, 2023 /prnewswire/ -- grainger (nyse: gww) today reported results for the fourth quarter and full year 2022. sales of $3.8 billion in the fourth quarter 2022 increased 13.2%, or 17.2% on a daily, constant currency basis versus the fourth quarter of 2021.
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