GWW · 10-Q · 2026Q2 · Full report

Geographic Market Commentary

W.W. GRAINGER, INC. · 2026-08-04 · Importance 43 · Surprise 32 · Matches filing data

Grainger’s operations are primarily concentrated in North America and Japan. In Japan, MonotaRO’s enterprise customer growth contributed to Endless Assortment sales growth, while unfavorable changes in the U.S. dollar-to-yen exchange rate reduced reported growth by 6% in the second quarter and 4% year to date. On a daily, organic constant-currency basis, Endless Assortment sales increased 21% in both the quarter and first six months. Grainger exited the U.K. market in the fourth quarter of 2025 by selling Cromwell and closing Zoro U.K., reducing comparability with prior-year results.

Key facts

• Endless Assortment six months net sales: $2,044 million, increased $287 million or 16.3% and on a daily, constant currency basis increased 21% compared to the same period in 2025; sales growth partially offset by unfavorable currency exchange of 4%. source
• Endless Assortment sales growth was partially offset by unfavorable currency exchange of 6% due to changes in the exchange rate between the U.S. dollar and the Japanese yen for the three months ended June 30, 2026. source

Impact estimates