Posted August 10, 2011
Grainger sales up 10% in July
Grainger reported July sales increased 10 percent versus July 2010.
Results for the month included a 1 percentage point positive contribution from acquisitions and a 2 percentage point contribution from foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 7 percent, including 8 percentage points from volume and 2 percentage points from price, partially offset by a 3 percentage point decline from oil spill related sales in 2010. In 2010, Grainger provided safety and related products used to clean up the oil spill in the Gulf of Mexico, which contributed approximately 1 percentage point to total company sales for the full year.
July sales in the United States were up 5%, while sales in Canada gained 30% (18% in local currency). Sales credited to Grainger's "other businesses" increased 59%.
