Grainger posts 1 percent April sales gain
Grainger reported sales for the month of April increased 1 percent versus April 2014.
Results for the month included 1 percentage point from acquisitions and a 3 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 3 percent driven by 4 percentage points from volume, partially offset by a 1 percentage point decline in price.
Sales in the United States increased by 1 percent, while sales in Canada were down by 6 percent but increased by 5 percent in local currency.
Sales to Grainger's Other Businesses segment increased by 4 percent (19 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.
