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.

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