9/17/2010 12:32:00 PM
NEWS BRIEFS
Grainger Reports Double-Digit Organic Sales Growth

Grainger reported August sales, including fasteners, increased 20%, which included 14% organic growth, a five percentage point contribution from acquisitions and a one point contribution from foreign exchange. 

Sales in the U.S. gained 15%, while sales in Canada increased 19%. Sales at other businesses, including those acquired in Japan and Columbia, swelled 198%.

Second-quarter sales at Grainger grew 16% to $1.8 billion, while net earnings improved 40% to $129 million.  Web: grainger.com  ©2010 GlobalFastenerNews.com

Grainger reported August sales, including fasteners, increased 20%, which included 14% organic growth, a five percentage point contribution from acquisitions and a one point contribution from foreign exchange. 

Sales in the U.S. gained 15%, while sales in Canada increased 19%. Sales at other businesses, including those acquired in Japan and Columbia, swelled 198%.

Second-quarter sales at Grainger grew 16% to $1.8 billion, while net earnings improved 40% to $129 million.  Web: grainger.com  ©2010 GlobalFastenerNews.com

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Related Links:

• Grainger