Chicago-based Grainger (NYSE: GWW), No. 3 on MDM’s list of the top 40 industrial distributors, reported daily sales for February 2012 were up 18 percent versus February 2011.
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Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 13 percent, including 12 percentage points from volume and 3 percentage points from price, partially offset by a 2 percentage point decline from lower sales of seasonal products.
February 2012 had 21 selling days, one more than February 2011. The 2012 first quarter will have the same number of selling days as the 2011 first quarter (64 days).
By segment, sales were up 12 percent in the U.S. and 13 percent in Canada (14 percent in local currency). Other Businesses – which includes all other international business – were up 100% (up 28 percent excluding acquisitions).
W.W. Grainger Inc. had 2011 sales of $8.1 billion.
