W.W. Grainger, Inc. (GWW) Q4 2024 Earnings Call Transcript

W.W. Grainger, Inc. (NYSE:GWW) Q4 2024 Earnings Conference Call January 31, 2024 11:00 AM ET

Company Participants

Kyle Bland - VP, IR
Donald Macpherson - Chairman & CEO
Deidra Merriwether - CFO & SVP

Conference Call Participants

Tommy Moll - Stephens
Ryan Merkel - William Blair
Sabrina Abrams - Bank of America Merrill Lynch
David Manthey - Baird
Jacob Levenson - Melius Research
Christopher Snyder - Morgan Stanley
Christopher Glynn - Oppenheimer
Ken Newman - KeyBanc Capital Markets
Patrick Baumann - JPMorgan
Chris Dankert - Loop Capital Markets
Deane Dray - RBC Capital Markets

Operator

Greetings and welcome to the W.W. Grainger Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to your host, Kyle Bland, Vice President, Investor Relations. Thank you. You may begin.

Kyle Bland

Good morning. Welcome to Grainger's Fourth Quarter and Full Year 2024 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 that are subject to various risks and uncertainties. Additional information regarding factors that could cause actual results to differ materially is included in the company's most recent Form 8-K and other periodic reports filed with the SEC.

This morning's presentation includes non-GAAP financial measures, which include certain adjustments in previous periods as noted in the presentation. There were no adjusted items in the fourth quarter 2024 period. Definitions and full reconciliations of our non-GAAP financial measures with their corresponding GAAP measures are found in the tables at the end of this presentation and in our earnings release, both of which are available on our IR website. We will also share results related to MonotaRO. Please remember that MonotaRO is a public company and follows Japanese