W.W. Grainger (GWW) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The company continued its growth trajectory amid stable operations.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. The company continued its growth trajectory amid stable operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+9.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$16B
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 |
|---|---|---|
| Sep 30, 2022 | $3.9B | +16.9% |
| Dec 31, 2022 | $3.8B | +13.2% |
| Mar 31, 2023 | $4.1B | +12.2% |
| Jun 30, 2023 | $4.2B | +9.0% |
Revenue performance
Revenue rose from the immediately preceding quarter and posted a larger gain versus the same period a year ago. The company benefited from sustained demand and effective execution.
Quarterly comparison
Sequentially, revenue improved moderately. On a year-over-year basis, the increase was more pronounced, reflecting a stronger comparison.
What to watch
Monitor whether the company can sustain its revenue growth momentum in the coming quarters.