Grainger February sales up 18%
Grainger reported sales for the month of February increased 18 percent versus February 2011.
Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 13 percent, including 12 percentage points from volume and 3 percentage points from price, partially offset by a 2 percentage point decline from lower sales of seasonal products.
Sales in the United States were up 12 percent, while sales in Canada increased 14 percent in local currency. Sales attributed to other businesses gained 28 percent.
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.
