Grainger Q3 sales rise 4.3% to $4.4 billion; diluted EPS up 4.7% to $9.87
Grainger reported third-quarter 2024 sales of $4.4 billion, up 4.3%, and diluted EPS of $9.87, up 4.7% from a year earlier. The company narrowed its 2024 guidance, setting adjusted diluted EPS at $38.65 to $39.35, compared with the prior range of $38.00 to $39.50 given as of August 1, 2024. Operating margin fell 30 basis points to 15.6%.
Key points
- Q3 2024 net sales were $4,388 million, up 4.3%; daily, organic constant currency sales rose 4.0%
- Q3 2024 operating margin was 15.6%, down 30 basis points from 15.9% in Q3 2023
- Adjusted diluted EPS guidance for 2024 narrowed to $38.65 to $39.35 as of October 31, 2024
- Q3 operating cash flow was $611 million and the company returned $328 million to shareholders through dividends and buybacks
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.