Grainger August sales climb 10%
Grainger reported sales for the month of August increased 10 percent versus August 2010.
Results for the month included a 1 percentage point positive contribution from foreign exchange. Excluding foreign exchange, organic sales increased 9 percent, including 8 percentage points from volume, 3 percentage points from price and 1 percentage point from sales related to Hurricane Irene, partially offset by a 3 percentage point decline from 2010 oil spill related sales.
Sales in the United States increased by 8%, while Canada sales grew by 21% (14% in local currency) and other businesses increased by 23%.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GME Supply. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Howard Coleman, as well as interviews with numerous product and distribution industry experts.
