Grainger said sales fell by 1% in July
Grainger reported sales for the month of July declined 1 percent versus July 2014.
Results for the month included a 4 percentage point decline from unfavorable foreign exchange and a 1 percentage point increase from acquisitions. Sales increased 2 percent on an organic basis, excluding foreign exchange and acquisitions, driven by 3 percentage points from volume, partially offset by a 1 percentage point decline in price.
Sales in the United States increased by 1%, while sales in Canada declined by 19% (4% in local currency). Sales to Grainger's other businesses segment gained 8% (25% in local currencies).
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.
