Grainger (NYSE: GWW) reported a sales increase of 8 percent for the month of November, compared to the same period in 2013. Results for the month included 1 percentage point from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, Grainger’s organic daily sales increased 9 percent driven by 7 percentage points of volume growth, a 1 percentage point contribution from sales of Ebola-related safety products, and 1 percentage point from increased sales of seasonal products.
For November, Grainger’s U.S. sales increased by 9 percent, its Canadian sales grew by 13 percent (in local currency), and its other businesses experienced a 23 percent growth (in local currencies).
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