Grainger Reports Results For The 2019 Fourth Quarter And Full Year; Company grew full year sales, operating earnings, operating margin and EPS; U.S. segment accelerates MRO market outgrowth; company provides 2020 guidance
Grainger (NYSE: GWW) today reported results for the fourth quarter and full year 2019. For the full year, sales of $11.5 billion increased 2.5 percentversus $11.2 billion in the prior year. Sales of $2.8 billion in the 2019 fourth quarter increased 3 percent versus the 2018 fourth quarter.
"In 2019, we grew sales, operating earnings and EPS despite challenging and uncertain economic conditions. Our sales growth in the U.S. outperformed the market throughout the year, and ...