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In The News:

Grainger’s August Sales Up 10% Over Last Year

September 13, 2012
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Chicago-based Grainger (NYSE: GWW), No. 2 on MDM's list of the top 40 industrial distributors, reported sales for August were 10 percent higher than August 2011.

Results for the month included a 4 percentage point contribution from acquisitions and a 1 percentage point decline from foreign exchange. 

Organic sales increased 7 percent, including 4 percentage points from volume and 4 percentage points from price, partially offset by a 1 percentage point decline from lower sales of hurricane-related products.

Daily sales for the U.S. were up 4 percent. Canada sales were up 12 percent (+13 percent in local currency). Other Businesses were up 85 percent (+30 percent excluding acquisitions in Europe and Brazil).

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