W.W. Grainger Inc (STU:GWW)
€ 1005.5 -14 (-1.37%) Market Cap: 49.07 Bil Enterprise Value: 50.69 Bil PE Ratio: 29.70 PB Ratio: 15.23 GF Score: 88/100

Q1 2023 WW Grainger Inc Earnings Call Transcript

Apr 27, 2023 / 03:00PM GMT
Release Date Price: €630 (+4.37%)
Operator

Hello, and welcome to the W.W. Grainger First Quarter 2023 Earnings Conference Call and Webcast. (Operator Instructions) As a reminder, this conference is being recorded.

It's now my pleasure to turn the call over to Kyle Bland, Vice President, Investor Relations. Please go ahead, Kyle.

Kyle Bland
W.W. Grainger, Inc. - VP of IR

Good morning. Welcome to Grainger's First Quarter 2023 Earnings Call. With me are D.G. Macpherson, Chairman and CEO; and Dee Merriwether, Senior Vice President and CFO.

As a reminder, some of our comments today may include 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 presentation and in our Q1 earnings release, both of which are available on our IR website.

This morning's call will focus on our first quarter 2023 results, which are consistent on both a reported and

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