W.W. Grainger (GWW) Revenue — Quarter Ended Mar 31, 2024
W.W. Grainger reported higher revenue for the quarter compared to both the prior quarter and the same period last year. The sequential increase and year-over-year improvement reflect continued sales growth.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
W.W. Grainger reported higher revenue for the quarter compared to both the prior quarter and the same period last year. The sequential increase and year-over-year improvement reflect continued sales growth.
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
+6.0%
Change from the immediately preceding quarter.
Year-over-year
+3.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.6B
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, 2023 | $4.2B | +9.0% |
| Sep 30, 2023 | $4.2B | +6.7% |
| Dec 31, 2023 | $4B | +5.1% |
| Mar 31, 2024 | $4.2B | +3.5% |
Revenue performance
Revenue rose from the immediately preceding quarter, marking a sequential gain. The increase also represented a year-over-year improvement over the same quarter a year ago.
Quarterly comparison
The current quarter's revenue exceeded the level of the prior quarter, as well as the level reported for the same quarter one year earlier.
What to watch
The pace of year-over-year revenue growth has slowed compared to earlier quarters in the trailing twelve months.