The 2020 Mid-Year Economic Update_long

Grainger November Organic Sales Down 3%

In the U.S., Grainger daily sales fell 3% as well.

WW Grainger (NYSE: GWW) reported sales increased 2% in November from the previous year.
 
Results for the month included a 4 percentage point positive contribution from acquisitions and a 2 percentage point benefit from foreign exchange.
 
Sales were negatively affected by approximately 1 percentage point due to a decline in the sales of seasonal products. Excluding acquisitions, foreign exchange and the effects of seasonal products, daily sales for the company declined 3 percent.
 
In the U.S., daily sales were down 3%, and in Canada sales were down 8% in local currency. Thanks to acquisitions in Japan and India, sales from other businesses were up 223% in November.

 
About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com