Grainger February sales up 11 percent
Grainger reported sales for the month of February increased 11 percent versus February 2010.
Results for the month included a 1 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange. Excluding acquisitions and foreign exchange, organic sales were up 9 percent, including 2 percent from price and 7 percent from volume.
By segment, sales in the United States increased 8 percent; Canada sales were up 16 percent in local currency; all other businesses, which includes sales from the acquired business in Colombia, were up 46 precent.
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.
