W.W. Grainger Inc (MEX:GWW)
MXN 18441 0 (0%) Market Cap: 1.07 Tn Enterprise Value: 1.11 Tn PE Ratio: 29.70 PB Ratio: 15.23 GF Score: 90/100

Q4 2019 W W Grainger Inc Earnings Call Transcript

Jan 30, 2020 / 04:00PM GMT
Operator

Greetings. Welcome to the W.W. Grainger Fourth Quarter 2019 Earnings Conference Call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to our host, Irene Holman, Vice President, 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 2019 Earnings Call. With me are D.G. Macpherson, Chairman and CEO; and Tom Okray, SVP and CFO.

As a reminder, some of our comments today may be forward-looking. 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 press release, both of which are available on our IR website. This morning's call will focus on adjusted results for the fourth quarter and full year 2019, which exclude restructuring and other items that are outlined

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