Need Help? (888) 742-5060

In The News:

Grainger’s Sales Up 7.4%

Grainger (NYSE: GWW), Chicago, IL, reported third-quarter sales of $2.8 billion, a 7.4 percent increase compared with the year-ago period.

Grainger’s reported operating earnings for the quarter fell 32 percent, to $189 million. Reported earnings contained $139 million in charges related to its Cromwell business in the UK, the company said. Adjusted earnings increased 15 percent to $332 million.

Grainger said its quarterly sales increase was driven by a 7 percentage point increase from volume and 1 percentage point increase in price, partially offset by a 1 percentage point decline from foreign exchange and the impact of hurricanes.


© 2019 Gale Media, Inc.

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 MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center