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In The News:

Grainger February Sales Increase 3%

Grainger (NYSE: GWW), Chicago, IL, reported sales for February increased 3 percent year-over-year. Results for the month included a 2-percent increase from acquisitions and a 2-percent decline from unfavorable foreign exchange.

Excluding acquisitions and foreign exchange, organic sales increased 3 percent driven by 4 percent from volume and 1 percent from increase sales of seasonal products, partially offset by a 2-percent decline from business disruptions due to the extreme weather across North America at times during the month.  

U.S. segment sales were up 5 percent year-over-year, while Canada sales were down 11 percent. Other Businesses segment sales increased 11 percent compared to February 2013.

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