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Earnings

Grainger: 1Q Was Likely High-Water Mark for Current Growth

MDM dives into the numbers and commentary that the MRO products giant shared during its first quarter earnings report.

May 2, 2022

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A look at the 2022 Grainger Show Floor at the Orlando Convention Center on Feb. 28.
Credit: MDM

Like many wholesale distributors,

W.W. Grainger

is reaping the benefits of industry-wide price increases at a time when customers are more understanding than ever of the factors behind them. And while the company and most publicly-traded distributors who have already reported during this earnings season have projected continued strong results for the rest of 2022, Grainger noted that this past first quarter was likely the peak. Answering an analyst question in its

1Q earnings call

on April 28, CFO Dee Merriweather noted that the first quarter is a time when the company works with its…

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