Grainger reported daily sales results for the month of April 2016. Company daily sales increased 4 percent in April of 2016 versus April of 2015. The sales growth included a 4 percentage point contribution from Cromwell Group (Holdings) Limited, acquired September 1, 2015. Excluding acquisitions, organic daily sales were flat driven by a 1 percentage point increase in volume and a 1 percentage point benefit from the timing of the Easter holiday, offset by a 2 percentage point decline in price. The month of April 2016 had 21 selling days, one fewer than the previous year. The 2016 second quarter will have 64 selling days, the same as the 2015 second quarter.
April Sales by Segment
2016 v. 2015
-13% in local currency
+54% in local currencies / +24% organic
Tagged with grainger, tED