2/13/2015 12:27:00 AM
NEWS BRIEFS
Organic Sales Drive Gains at Grainger
Grainger reported daily sales in January increased 3%, which included 1 percentage point from acquisitions and a 2 percentage point decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 4 percent on a daily basis, driven by 4 percentage points from volume and a 2 percentage point benefit from favorable comparability to the business disruptions in January 2014 due to extreme weather. This increase was partially offset by a 2 percentage point decline from lower sales of seasonal products.
Sales in the U.S. increased 4% in January, while sales in Canada declined 4% and sales in Grainger’s Other Businesses category grew 14%.
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Related Links:
• Grainger
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