Grainger reported daily sales, including fasteners, dropped 3% in November, driven by a 1 percentage point decline in volume, a 1 percent decline in price and a 1 percentage point decline from lower sales of seasonal products.
Daily sales in the U.S. declined 3% in November, while sales in Canada fell 17% and sales in Europe, Asia and Latin America grew 6% during the month.
During Q3, Grainger sales, including fasteners, increased 3% to $2.6 billion, with net earnings declining 3% to $186 million.
Q3 sales in the U.S. were down 1% to $2.03 billion, while sales in Canada declined 16% to $179.3 million and sales in Europe, Asia and Latin America jumped 36% to $481.9 million. Web: grainger.com
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