GWW · 8-K · 20261104PR000088

Guidance and Outlook

W.W. GRAINGER, INC. · 2026-11-04 · Importance 76 · Surprise 68 · No source text

On November 4, 2026, Grainger raised its full-year 2026 net sales guidance to $19.8–$20.0 billion from $19.4–$19.7 billion and its diluted adjusted EPS range to $47.00–$48.00 from $45.50–$47.25. The updated outlook calls for sales growth of 10.1%–11.6% and daily, organic constant-currency sales growth of 13.0%–14.5%. The company raised its operating cash flow range to $2.35–$2.45 billion and narrowed its cash-basis capital expenditure range to $575–$625 million; planned share buybacks are $975 million–$1.025 billion. Updated segment operating margin ranges are 17.3%–17.5% for High-Touch Solutions - N.A. and 10.9%–11.1% for Endless Assortment.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecommitted+5.9%W.W. Grainger, Inc. increased its 2026 net sales guidance to $19.8-$20.0 billion from $19.4-$19.7 billion.
marginpositivecommitted+0.9%W.W. Grainger, Inc.'s updated 2026 operating margin guidance is 16.0%-16.2%, up 100-120 basis points year over year.
cashpositivecommitted+0.7%W.W. Grainger, Inc. increased its 2026 operating cash flow guidance to $2.35-$2.45 billion from $2.25-$2.4 billion.
marginpositivecommitted+0.3%W.W. Grainger, Inc.'s updated 2026 gross profit margin guidance is 39.4%-39.6%, up 30-45 basis points year over year.
net_incomepositivecommitted—W.W. Grainger, Inc.'s updated 2026 effective tax rate guidance is approximately 24.7%, compared with approximately 25.0% previously.