Chicago-based industrial distributor Grainger (NYSE: GWW) reported 2021 fourth-quarter sales of $3.4 billion, a 14.2% jump over the same period a year before.
For the full year, Grainger reported sales of $13 billion, up 12.4% on an organic, daily, constant currency basis compared to the prior year.
Customer demand continued to be very strong to end 2021, fueling double-digit revenue growth in both segments, the company said.
“The second year of pandemic impacts brought a unique set of challenges in 2021,” said DG Macpherson, chairman and CEO. “The Grainger team successfully navigated these challenges by helping our customers run their businesses effectively and stay safe. The team’s relentless focus on doing the right things, the right way, allowed us to deliver on our operational and financial expectations for the year. We look forward to continuing to support our customers in 2022 and are confident in the path ahead.”