2/11/2011 12:48:00 PM
NEWS BRIEFS
Grainger Sales Outside U.S. Are Soaring

January Daily Sales by Segment
U.S. — +6%

Canada — +24%

Other — +39%

Grainger reported daily sales grew 10% in January. 
 

Results for the month included a 1 percentage point positive contribution from acquisitions and a single percentage point contribution from foreign exchange.  

Excluding acquisitions and foreign exchange, daily sales for the company increased 8%.

Grainger reported record sales of $7.2 billion in 2010, up 15% from the previous year. Net earnings increased 19% to $511 million, with full-year earnings per share up 23% to $6.93.

 

Fourth-quarter sales grew 12% to $1.8 billion, while Q4 operating earnings gained 28% to $211 million and net earnings increased 36% to $132 million. ©2011 GlobalFastenerNews.com 

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