W.W. Grainger, Inc. Q2 FY2026 Earnings Call

W.W. Grainger, Inc. (GWW)

Earnings Call FY2026 Q2 Call date: 2026-08-04 Concluded

Quarter scorecard

Revenue

$5.02B

+10.3% YoY

Diluted EPS

$12.01

+20.5% YoY

Gross margin

39.5%

+1.0 pp YoY

Net income

$570.00M

+18.3% YoY

High Touch Solutions NA $3.97B

+11.9%

Endless Assortment $1.05B

+13.5%

Buybacks (derived)

$224.00M

from the 8-K filed Aug 4, 2026

Metric	Period	Guided	Basis
Net Sales table Raised 2026	2026	$19.4B – $19.7B	Non-GAAP
Sales growth table Raised 2026	2026	8.4% – 10%	Non-GAAP
Daily, organic constant currency sales growth table Raised 2026	2026	11.5% – 13%	Non-GAAP
Gross Profit Margin table Raised 2026	2026	39.3% – 39.6%	Non-GAAP
Diluted Earnings per Share table Raised 2026	2026	$45.50 – $47.25	Non-GAAP
Operating Margin table Raised 2026	2026	15.8% – 16.2%	Non-GAAP
Operating Cash Flow table Raised 2026	2026	$2.25B – $2.4B	Non-GAAP
CapEx (cash basis) table Initiated 2026	2026	$575M – $650M	Non-GAAP
Effective Tax Rate table Initiated 2026	2026	25%	Non-GAAP
Share Buyback table Initiated 2026	2026	$975M – $1.05B	Non-GAAP
High-Touch Solutions - N.A. Segment Operating Margin table Raised 2026	2026	17.2% – 17.6%	Non-GAAP
Endless Assortment Segment Operating Margin table Raised 2026	2026	10.4% – 10.8%	Non-GAAP