W.W. Grainger Inc (NYSE:GWW)
$ 1212.26 6.39 (0.53%) Market Cap: 59.04 Bil Enterprise Value: 60.70 Bil PE Ratio: 32.86 PB Ratio: 16.86 GF Score: 90/100

Q1 2021 W W Grainger Inc Earnings Call Transcript

Apr 30, 2021 / 03:00PM GMT
Release Date Price: $433.54 (+0.85%)
Operator

Greetings, and welcome to the Grainger First Quarter 2021 Earnings Conference Call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to our host, Irene Holman, Vice President of Investor Relations. Thank you. You may begin.

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

Good morning. Welcome to Grainger's First Quarter 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 and including those detailed in our SEC filings. Reconciliations of any non-GAAP financial measures and their corresponding GAAP measures are found in the tables at the end of this slide presentation and in our Q1 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 outlined in our

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