This is our first report on W.W. Grainger, Inc., a global distributor of MRO materials and other related products and services. The company delivered an all-around beat for the final quarter of 2022 with a sales growth was 13.2% or 17.2% on a daily constant currency basis and solid growth in both segments. This includes high teen growth in local currency across Endless Assortment and an increase in the share of the U.S. high-touch market of about 800 basis points. The company continued to invest ....

15 Mar 2023
W.W. Grainger, Inc.: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)

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W.W. Grainger, Inc.: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (03/23)
- Published:
15 Mar 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
This is our first report on W.W. Grainger, Inc., a global distributor of MRO materials and other related products and services. The company delivered an all-around beat for the final quarter of 2022 with a sales growth was 13.2% or 17.2% on a daily constant currency basis and solid growth in both segments. This includes high teen growth in local currency across Endless Assortment and an increase in the share of the U.S. high-touch market of about 800 basis points. The company continued to invest ....