Grainger reports May sales increase
Grainger reported daily sales increased 1 percent in May of 2016 versus May of 2015.
The sales growth included a 4 percentage point contribution from Cromwell Group (Holdings) Limited, acquired Sept.1. Excluding acquisitions, organic daily sales were down 3 percent, driven by a 1 percentage point decrease in volume, a 1 percentage point decline in price, and a 1 percentage point negative impact from the wildfires in Alberta.
Sales in the United States declined by 3%, while sales in Canada decreased by 20% (15% in local currency).
Sales to Grainger's Other Businesses segment increased by 44% (43% in local currencies, with 15% organic growth).
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.
