Grainger reports results for the third quarter 2023

Advancing strategic initiatives while driving continued strong results; company narrows full-year 2023 guidance range third quarter highlights 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 chicago , oct. 26, 2023 /prnewswire/ -- grainger (nyse: gww) today reported results for the third quarter of 2023 with sales of $4.2 billion, up 6.7%, or 8.7% on a daily, constant currency basis, and diluted eps of $9.43, up 14.1% compared to the third quarter of 2022.  "the team continues to drive value for customers and serve them well amidst a reasonably steady demand environment.
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