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In The News:

Grainger Sales Up 5% in April

Grainger (NYSE: GWW), Chicago, IL, reported sales for April increased 5 percent year-over-year. Results for the month included a 1 percent increase from acquisitions and a 1 percent decline from unfavorable foreign exchange.

Excluding acquisitions and foreign exchange, organic sales increased 5 percent, driven by 7 percentage points from volume, partially offset by 2 percentage points from the timing of the Easter holiday.

U.S. segment sales were up 7 percent year-over-year, while Canada sales were down 12 percent. Other businesses segment sales increased 18 percent compared to April 2013.

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