Posted March 10, 2010
Grainger's February sales grow 12%
Grainger reported February sales increased 12% versus Feb. 2009.
Results for the month included a 5 percentage point positive contribution from acquisitions, a 1 percentage point benefit from the sales of seasonal products and 2 percentage point contribution from foreign exchange. Excluding acquisitions, seasonal sales and foreign exchange, daily sales for the company increased 4%.
In the U.S., sales were up 6%, while sales increased 33% in Canada (13% in local currency). Other businesses, including sales from acquired businesses in Japan and India, grew by 264%.
