W.W. Grainger, Inc., (NYSE: GWW) reported a daily sales increase of 4 percent for the month of August 2013. The increase included 5 percentage points from volume and 1 percentage point from acquisitions, partially offset by a 1 percentage point decline from lower sales of seasonal products and a 1 percentage point decline from unfavorable foreign exchange.
Grainger’s U.S. sales were up 5 percent in August 2013 compared to the same period in 2012, and the distributor’s Canadian sales increased by 4 percent. Grainger’s other businesses (primarily in Asia, Europe, and Latin America) increased by 13 percent (in local currencies) in August.
With 2012 sales of $9 billion, Grainger is a leading broad line supplier of maintenance, repair and operating products, with expanding global operations.Tagged with tED