on the higher pace
W W Grainger Inc reported second quarter of 2022 operating surplus of $534 million
Published 2022-07-30T16:37:24+00:00
Goran Soko / CSIMarket.com Contributer
W W Grainger Inc displayed pleasant recent numbers in the most recent fiscal period. revenue were at $3.84 billion higher by 19.645 % year on year and increased by 5.21 % quarter on quarter, while earnings jumped by 68.38 % to $7.19, sequentially income improved by 1.7 %.Net income of $389.000 million in the second quarter of 2022 increased by 60.08 % from net earnings of $243.000 million reported in the second quarter of 2022 a year ago. W W Grainger Inc also emphasized it's improving profit margins, where net margin rose to 10.14% in second quarter of 2022, and operating margin edged up to 13.92%.
Operating earnings, on the other hand, improved just 59.88% to $534 million.
W W Grainger Inc is expected to report next financial recent numbers on July 28, 2023.