Grainger May sales up 6 percent
Grainger reported sales for the month of May increased 6 percent versus May 2013.
Results included 2 percentage points from acquisitions, net of dispositions, and a 1 percentage point decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic daily sales increased 5 percent, driven by 6 percentage points from volume, partially offset by a 1 percentage point decline from lower sales of seasonal products.
Sales in the United States increased by 8 percent. Sales in Canada fell by 7 percent (1 percent in local currency), and sales to Grainger's other businesses segment were up 18 percent (16 percent in local currency).
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
