Description

W.W. Grainger’s Digital Engine Accelerates — Zoro And MonotaRO Drive A 20.6% Surge!

W.W. Grainger’s second quarter of 2026 reported solid growth supported by strong execution and a favorable demand environment across its core segments. Total company sales increased 10.3% on a reported basis and 13.7% on a daily organic constant currency basis, with operating margin expanding to 16.1%, driven in part by tariff refunds related to the IEEPA impacting cost of goods sold. Diluted earnings per share rose over 20% year-over-year. Operating cash flow was robust at $444 million, facilitating $341 million returned to shareholders through dividends and share repurchases. The company also commenced operations at a new Northwest Distribution Center, enhancing product availability and delivery efficiency. Segment-wise, the High-Touch Solutions unit posted sales growth of 11.9% (reported) and 11.7% on a daily constant currency basis. Growth was fueled by volume increases, healthy price contributions, and project-based spending, particularly in manufacturing, government, contractor, and retail sectors.