CHICAGO, Aug. 13, 2014 — Grainger (NYSE: GWW) today reported sales results for the month of July 2014. Sales increased 6 percent versus July 2013. Results for the month included 2 percentage points from acquisitions, net of dispositions, and a 1 percentage point decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 5 percent driven by 5 percentage points from volume and 1 percentage point from the favorable timing of the July 4th holiday in the United States, partially offset by a 1 percentage point decline from lower sales of seasonal products. The month of July 2014 had 22 selling days, the same as in July 2013. The 2014 third quarter will have 64 selling days, the same as in the 2013 third quarter.
Please visit www.grainger.com/investor to access a recorded message with additional details about July 2014 sales. Grainger is scheduled to report August sales on Friday, September 12, 2014 at 8:00 a.m. EDT.Tagged with tED