Grainger sees 12% bump in January sales
Grainger reported sales for the month of January increased 12% versus January 2009.
Results for the month included a 5 percentage point positive contribution from acquisitions, a 2 percentage point benefit from the timing of the New Years' holiday and a 2 percentage point contribution from foreign exchange. Excluding acquisitions, holiday timing and foreign exchange, daily sales for the company increased 3%.
Sales in the United States increased 6%, while Canadian sales advanced 22% (4% in local currency). Other business, which includes sales from the acquired businesses in Japan and India, posted a 283% increase.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
