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Vending Becomes a Key Component of Growth for MSC, Fastenal

Grainger Daily Sales Up 12% in April

Grainger (NYSE: GWW), Chicago, IL, reported daily sales for April 2012 increased 12 percent versus April 2011. Results for the month included a 5 percentage point contribution from acquisitions.

Excluding acquisitions, organic sales increased 7 percent, including 5 percentage points from volume and 3 percentage points from price, partially offset by a 1 percentage point decline from foreign exchange.

April 2012 had 21 selling days, the same as April 2011. The 2012 second quarter will have the same number of selling days as the 2011 second quarter (64 days).

By segment, sales were up 7 percent in the U.S. and 9 percent in Canada (13 percent in local currency). Other Businesses – which includes all other international business – were up 20 percent (up 79 percent excluding acquisitions).

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