NYSE:GWWTrade Distributors
Is Grainger’s UK Exit a Clue to Its Evolving Capital Discipline Story (GWW)?
In recent days, W.W. Grainger exited its UK business, a move that management framed as refining the portfolio to enhance capital efficiency and return durability, while maintaining operating margins above 15%, gross margins near 39%, and ROIC above 40%.
This exit, though financially small, highlights a disciplined willingness to prune lower-return geographies to protect the quality of the overall business mix.
With this sharpened focus on capital efficiency, we’ll examine how Grainger’s...