W.W. Grainger Inc (NYSE:GWW)
$ 1090.98 8.64 (0.8%) Market Cap: 53.13 Bil Enterprise Value: 55.24 Bil PE Ratio: 29.57 PB Ratio: 15.17 GF Score: 90/100

Q3 2019 W W Grainger Inc Earnings Call Transcript

Oct 23, 2019 / 03:00PM GMT
Release Date Price: $312.44 (-2.11%)
Operator

Greetings, and welcome to the W.W. Grainger Third Quarter 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Irene Holman, Vice President, Investor Relations. Please go ahead.

Irene Holman;Donald G. Macpherson
W.W. Grainger, Inc. - VP of IR;W.W. Grainger,

Good morning. Welcome to Grainger's Q3 earnings call. With me are DG MacPherson, Chairman and CEO; and Tom Okray, CFO. As a reminder, some of our comments may be forward-looking based on our current view of future events. Actual results may differ materially as a result of various risks uncertainties, including those detailed in our SEC filings. Reconciliations of any non-GAAP financial measures mentioned on today's call with their corresponding GAAP measures are at the end of this slide presentation and in our Q3 press release, both of which are available on our IR website. This morning's call will focus on adjusted results.

And now I'll turn it over to DG.

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