W.W. Grainger Inc (NYSE:GWW)
$ 949.905 -8.775 (-0.92%) Market Cap: 46.62 Bil Enterprise Value: 48.95 Bil PE Ratio: 26.23 PB Ratio: 14.58 GF Score: 89/100

Q4 2021 W W Grainger Inc Earnings Call Transcript

Feb 03, 2022 / 04:00PM GMT
Release Date Price: $507.58 (+1.29%)
Operator

Greetings, and welcome to the W.W. Grainger Fourth Quarter 2021 Earnings Conference call. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Irene Holman, Vice President of Investor Relations. You may proceed.

Irene Holman
W.W. Grainger, Inc. - VP of IR

Good morning, and welcome to Grainger's Fourth Quarter and Full Year 2021 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 Q4 earnings release, both of which are available on our IR website.

This morning's call will focus on adjusted results, which exclude restructuring and other items that are

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