W.W. Grainger (GWW) Revenue — Quarter Ended Mar 31, 2023
The company's revenue increased in this quarter. The growth was observed both sequentially and compared to the same period a year ago.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
The company's revenue increased in this quarter. The growth was observed both sequentially and compared to the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
+7.6%
Change from the immediately preceding quarter.
Year-over-year
+12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.8B | +19.6% |
| Sep 30, 2022 | $3.9B | +16.9% |
| Dec 31, 2022 | $3.8B | +13.2% |
| Mar 31, 2023 | $4.1B | +12.2% |
Revenue performance
Revenue rose from the level seen in the preceding quarter. The year-over-year comparison also showed an increase.
Quarterly comparison
The sequential growth rate was higher than that of the prior quarter. The year-over-year gain remained strong.
What to watch
It will be important to see if revenue can continue to grow in future quarters.