Grainger (NYSE: GWW), Chicago, IL, reported daily sales for May increased 13 percent versus May 2011. Results for the month included a 5 percentage point contribution from acquisitions.
We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
Organic sales on a daily basis increased 9 percent, including 6 percentage points from volume and 3 percentage points from price.
May 2012 had 22 selling days, one more than May 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 8 percent in the U.S. and 9 percent in Canada (14 percent in local currency). Other Businesses – which includes all other international business – were up 86 percent (up 22 percent excluding acquisitions).
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
Download the Top 40 Industrial Distributor List Free
Get the Top 40 Industrial Distributors list in PDF, and you will be signed up below to receive MDM Update, your free daily distribution news update by email.