GWW · 8-K · 20260804PR000076

Capital Expenditure Outlook

W.W. GRAINGER, INC. · 2026-08-04 · Importance 80 · Surprise 68 · No source text

Q2 2026 capital expenditures were $111 million, down from $175 million in Q2 2025. First-half capital expenditures totaled $281 million versus $300 million in the prior-year period. Grainger increased its 2026 cash-basis CapEx guidance to $575 million-$650 million from $550 million-$650 million. The higher CapEx floor accompanies updated operating cash flow guidance of $2.25 billion-$2.4 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativeprobable-0.1%Updated 2026 CapEx (cash basis) guidance: $0.575 - $0.65 billion (previously $0.55 - $0.65 billion)
assetspositiveprobable+0.1%Updated 2026 CapEx (cash basis) guidance: $0.575 - $0.65 billion (previously $0.55 - $0.65 billion)