Grainger Q1 sales rise 1.7% to $4.3 billion, diluted EPS up 2.5%; guidance reaffirmed
Grainger reported first-quarter 2025 sales of $4.3 billion, up 1.7%, and diluted EPS of $9.86, up 2.5% from a year earlier, while operating margin fell 20 basis points to 15.6%. The company reaffirmed its full-year 2025 guidance and announced a 10% quarterly dividend increase, and it returned $380 million to shareholders through dividends and share repurchases in the quarter.
Key points
- Net sales were $4,306 million, up 1.7%; daily, constant currency sales rose 4.4%
- Diluted EPS was $9.86 versus $9.62, with the company citing fewer shares outstanding as the main driver
- Operating margin was 15.6%, down from 15.8%; operating cash flow was $646 million and free cash flow $521 million
- Full-year 2025 guidance was reaffirmed, including net sales of $17.6 to $18.1 billion and diluted EPS of $39.00 to $41.50
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 May 01, 2025.
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.