Grainger November sales up 5 percent
Grainger reported daily sales results for the month of November increased 5 percent versus November 2012.
Sales in the United States increased by 7 percent, while sales in Canada were down by 2 percent, but increased 3 percent in local currency.
Sales for Grainger's other businesses, primarily in Asia, Europe and Latin America, were up by 5 percent (13 percent in local currency).
Results for the month included 4 percentage points from acquisitions and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales increased 3 percent driven by 6 percentage points of volume growth, partially offset by 2 percentage points decline from sales of hurricane-related products in November 2012 and 1 percentage point decline from price. In the fourth quarter of last year, Grainger provided hurricane-related products for the preparation for and response to Hurricane Sandy in the northeast United States.
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.
