Grainger (NYSE: GWW), Chicago, IL, reported sales for July declined 1 percent compared to the same period a year ago. Results for the month included a 4 percentage point decline from unfavorable foreign exchange and a 1 percentage point increase from acquisitions.
Excluding acquisitions and foreign exchange, organic sales increased 2 percent driven by 3 percentage points from volume, partially offset by a 1 percentage point decline in price.
U.S. segment sales were up 1 percent year-over-year and Canadian segment sales were down 19 percent, 4 percent in local currency. Other businesses segment sales increased 8 percent compared to July 2014, or 25 percent in local currency.