Grainger reports results for the first quarter 2024

Strategic focus driving business forward; company reaffirms full year 2024 guidance ranges first quarter highlights delivered sales of $4.2 billion, up 3.5%, or 4.9% on a daily, organic constant currency basis achieved operating margin of 15.8%, down 80 basis points increased diluted eps by $0.01 to $9.62 generated $661 million in operating cash flow and returned $360 million to grainger shareholders through dividends and share repurchases announced dividend increase of 10% refreshed repurchase authorization for up to 5 million shares of common stock reaffirming fy 2024 guidance chicago , april 25, 2024 /prnewswire/ -- grainger (nyse: gww) today reported results for the first quarter of 2024 with sales of $4.2 billion, up 3.5%, or 4.9% on a daily, organic constant currency basis, and diluted eps of $9.62, up 0.1% compared to the first quarter of 2023.  "our 2024 performance so far shows that the team is focusing on what matters and living our purpose—we keep the world working®.
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