W.W. Grainger Inc (NYSE:GWW)
$ 1186.9 0 (0%) Market Cap: 57.80 Bil Enterprise Value: 59.66 Bil PE Ratio: 32.17 PB Ratio: 16.50 GF Score: 90/100
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Q4 2020 W W Grainger Inc Earnings Call Transcript

Feb 03, 2021 / 04:00PM GMT
Release Date Price: $366.11 (-1.88%)
Operator

Greetings, and welcome to the W.W. Grainger Fourth Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I will now turn the conference over to our host, Irene Holman, Vice President of Investor Relations. Thank you. You may begin.

Irene Holman
W.W. Grainger, Inc. - VP of IR

Good morning. Welcome to Grainger's Fourth Quarter and Full Year 2020 Earnings Call. With me are D.G. Macpherson, Chairman and CEO; and Deidra Merriwether, Senior Vice President and CFO.

As a reminder, some of our comments today may be forward-looking statements. Actual results may differ materially as a result of various risks and uncertainties, including those detailed in our SEC filings. Reconciliations of any non-GAAP financial measures with their corresponding GAAP measures are found in the tables at the end of this slide presentation and in our Q4 earnings release, both of which are available on our IR website. This morning's call will focus on adjusted results for the fourth quarter of 2020, which exclude

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