Grainger (NYSE: GWW) reported sales for the fourth quarter 2023 were $4 billion, up 5.1%, or 5.5% on a daily, organic constant currency basis from the prior-year period.
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For the full year, sales of $16.5 billion increased 8.2%, or 9.5% on a daily, organic constant currency basis compared with the prior year.
In the High-Touch Solutions NA segment, sales were up 4.7% vs. the fourth quarter of 2022. Endless Assortment growth was 6%, driven by B2B customers, as well as enterprise customer growth at MonotaRO. That was offset by declining sales to non-core, consumer-like customers at Zoro.
Profit was $412 million in the fourth quarter 2023, and $1.8 billion in the full year 2023.
