Chicago, IL-based Grainger (NYSE: GWW) reported daily sales increased 12% in January 2010 compared with January 2009.
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Results for the month included a 5 percentage point positive contribution from acquisitions, a 2 percentage point benefit from the timing of the New Years’ holiday and a 2 percentage point contribution from foreign exchange. Excluding acquisitions, holiday timing and foreign exchange, daily sales for the company increased 3%.
In the U.S. daily sales increased 6%, in Canada sales in local currency were up 4%, and Other Businesses sales were up 283% thanks to acquisitions.
W.W. Grainger, Inc. had 2009 sales of $6.2 billion.