W.W. Grainger Raises 2026 Outlook as Q3 Revenue Climbs 11.3%

W.W. Grainger raised its 2026 sales and adjusted diluted earnings outlook Wednesday after third-quarter revenue increased 11.3% year over year to $5.18 billion. Non-GAAP earnings per share were $12.54, exceeding analyst estimates by 88 cents; revenue topped estimates by $100 million.

Reported diluted EPS was $12.42, up 102.9% from a year earlier. The $12.54 non-GAAP figure uses the company’s non-GAAP methodology.

For 2026, Grainger now expects adjusted diluted EPS of $47 to $48, compared with analyst consensus of $46.47. It projects net sales of $19.8 billion to $20 billion, versus consensus of $19.67 billion.

The company’s outlook also includes sales growth of 10.1% to 11.6% and daily organic constant-currency sales growth of 13% to 14.5%.