Grainger Names CTO
As CTO, Jonny LeRoy will lead teams across Grainger's Technology Group to build capabilities that complement and advance the company's strategy and business model.
As CTO, Jonny LeRoy will lead teams across Grainger's Technology Group to build capabilities that complement and advance the company's strategy and business model.
Profit was $41.9 million, down from $164 million in the first quarter of 2019.
Mobile Industries sales of $466.7 million decreased 6.7% compared with the same period a year ago.
The company reported a profit of $150 million, compared to a loss of $289 million during the first quarter of 2019.
Amy Jen Su is the co-founder of Paravis Partners, a premier executive coaching and leadership development firm.
On a same-store basis by business unit, three-month Plumbing, Heating, Cooling and Pipe sales were up 3%; Electrical sales were up 2%; Building Materials sales were up 4%; and Industrial and Safety sales were unchanged.
The New Orders Index registered 27.1%, a decrease of 15.1% from the March reading.
The average annual sales growth for the 12 months through March 2020 is 4.1%.