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Remembrance Day

Aug. 9, 2022

Grainger Has Strong Second Quarter

Grainger had sales of $3.8 billion in the second quarter of 2022, an increase of 19.6 per cent over sales of $3.2 billion in the second quarter of 2021. Sales were up 22 per cent year-over-year on a daily, constant currency basis. The increase was driven by strong performance in both segments. Daily sales in the high-touch solutions North America segment were up 22.2 per cent year-over-year, and daily sales in the endless assortment segment were up 11.4 per cent. Overall gross profit margin for the second quarter was 37.6 per cent, a 255-basis point increase compared to the second quarter of 2021.

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