GWW · 10-Q · 2026Q3 · Full report

Market Demand Trends

W.W. GRAINGER, INC. · 2026-11-04 · Importance 59 · Surprise 48

Grainger’s net sales for the nine months ended September 30, 2026 increased 11% to $14.944 billion, with daily organic constant-currency sales up 14%. High-Touch Solutions N.A. sales increased 12%, primarily due to volume. Endless Assortment sales increased 15%, or 21% on a daily organic constant-currency basis, supported by repeat business and enterprise customer growth at MonotaRO.

Key facts

• Grainger says heightened regional military conflict, tariff-related developments, and shifting government budget policies and priorities at municipal, state, and national levels may affect its operations, business, financial condition, and results. source
• Grainger says volatility and uncertainty in commodity, labor, and transportation markets, geopolitical developments, macroeconomic factors, and changes in U.S. and foreign tariff and trade policies can affect its demand, costs, execution risk, operations, financial condition, and results. source
• Grainger is monitoring economic conditions in the U.S. and key international markets, including evolving tariff and trade policies, interest rates, foreign currency exchange rates, inflation, rising fuel and transportation costs, and recession risk. source
• Grainger states that its broad and diverse customer base and generally nondiscretionary products have historically provided resilience during industrial MRO market contractions. source