Grainger January sales up 3%
Grainger reported sales in January increased 3 percent compared to January 2014.
Results included 1 percentage point from acquisitions and a 2 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 4 percent on a daily basis.
The increase was partially offset by a 2 percentage point decline from lower sales of seasonal products.
Sales in the United States increased by 4 percent, while sales in Canada declined by 4 percent, but reflected a 6 percent increase in local currency. Sales to Grainger's other businesses segment were up 14 percent (26 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.
