CHICAGO—Grainger (NYSE: GWW) Friday reported daily sales results for the month of November 2015. Company daily sales declined 2 percent in November of 2015 versus November of 2014. The sales performance included a 4 percentage point contribution from Cromwell Group (Holdings) Limited, acquired September 1, 2015, and a 3 percentage point reduction from foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales declined 3 percent driven by a 1 percentage point decline in price and a 2 percentage point decline from lower sales of seasonal and safety products. Sales in November 2014 benefited from winter storms as well as Ebola related safety products that did not repeat in November 2015.
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November Sales by Segment |
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2015 v. 2014 |
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United States |
-5% |
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-2% excluding seasonal and Ebola related products |
|
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Canada |
-27% |
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-14% in local currency |
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Other Businesses |
+40% |
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+51% in local currencies / +18% organic |
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Visit www.grainger.com/investor to access a recorded message with additional details about November 2015 sales. Grainger will report fourth quarter 2015 results on Tuesday, January 26, 2016.
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