W.W. Grainger, Inc. (GWW) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.459 Greetings and welcome to the WW Granger first quarter 2025 earnings call. 00:00:05.459 -- 00:00:08.343 At this time, all participants are in a listen-only mode. 00:00:08.343 -- 00:00:12.068 A question and answer session will follow the formal presentation. 00:00:12.068 -- 00:00:15.834 If anyone should require operator assistance during the conference, please press star 00:00:15.834 -- 00:00:21.081 zero on your telephone keypad. As a reminder, this conference is being recorded. 00:00:21.081 -- 00:00:23.825 I would now like to turn the conference over to your host, Mr. 00:00:23.825 -- 00:00:27.190 Kyle Blant, Vice President, Investor Relations. 00:00:27.190 -- 00:00:29.495 Thank you. You may begin. 00:00:29.495 -- 00:00:33.379 Good morning. Welcome to Grainger's first quarter 2025 earnings call. 00:00:33.379 -- 00:00:38.264 With me are DJ McPherson, Chairman and CEO, and Dean Merriweather, Senior Vice President 00:00:38.264 -- 00:00:39.846 and CFO. 00:00:39.846 -- 00:00:43.369 As a reminder, some of our comments today may include forward-looking statements that 00:00:43.369 -- 00:00:46.333 are subject to various risks and uncertainties. 00:00:46.333 -- 00:00:50.877 Additional information regarding factors that could cause actual results to differ materially 00:00:50.877 -- 00:00:55.642 is included in the company's most recent form 8K and other periodic reports filed with 00:00:55.642 -- 00:00:57.406 the SEC. 00:00:57.406 -- 00:01:01.735 This morning's call will focus on results for the first quarter of 2025, which are consistent 00:01:01.735 -- 00:01:07.085 on both a reported and adjusted basis. Definitions and full reconciliations of our non-GAAP 00:01:07.085 -- 00:01:11.013 financial measures with their corresponding GAAP measures ...