CHICAGO — Grainger reported daily sales results for the month of October 2015. Company daily sales declined 1 percent in October of 2015 versus October of 2014. The sales performance included 4 percentage points from Cromwell Group (Holdings) Limited, acquired September 1, 2015 and a 3 percentage point reduction from foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales declined 2 percent driven by a 1 percentage point decline in price and a 1 percentage point decline from lower sales of safety products. In October 2014, incremental sales of Ebola-related safety products contributed 1 percentage point to sales growth versus the previous year. The month of October 2015 had 22 selling days, one less than the previous year. The 2015 fourth quarter will have 64 selling days, the same as the 2014 fourth quarter.
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October Sales by Segment 2015 v. 2014 |
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United States |
– 3% |
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Canada -13% in local currency |
– 25% |
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Other Businesses +54% in local currencies / +18% organic |
+43% |