Grainger (NYSE: GWW) reported a 6 percent sales increase in October compared to the same period in 2013. Results for the month included a 1 percentage point contribution from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, Grainger’s organic sales increased 7 percent driven by 6 percentage points of volume growth and a 1 percentage point contribution from sales of Ebola-related safety products.
For October, Grainger’s U.S. sales increased by 7 percent while its Canadian sales grew by 10 percent (in local currency).
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