Wednesday, August 11, 2010

Grainger's sales rose 21 percent in July

Sales in the U.S. increased 17 percent

Broad-line MRO industrial distributor W.W. Grainger today reported that its daily sales last month increased 21 percent versus July 2009. Results for the month included a 5 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange. Excluding acquisitions and foreign exchange, daily sales for the company increased 15 percent.

In the United Sates, sales increased 17 percent while in Canada sales rose 21 percent.

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