W.W. Grainger (NYSE: GWW) reported sales results for the month of May 2013. Daily sales increased 5 percent versus May 2012, and included 3 percentage points from volume, 2 percentage points from price and 1 percentage point from acquisitions, partially offset by a 1 percentage point decline from unfavorable foreign exchange.
The company’s U.S. sales for May 2013 were up 6 percent over the same period in 2012 and Canadian sales increased by 2 percent (in local currency). Grainger’s other businesses – located primarily in Asia, Europe, and Latin America, were up 10 percent in local currencies for the month of May.
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