Grainger October sales up 7 percent
Grainger reported sales for the month of October increased 7 percent versus October 2012.
Results for the month included 3 percentage points positive contribution from acquisitions and a 1 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 5 percent driven by 6 percentage points of volume growth, partially offset by a 1 percentage point decline from sales of hurricane-related products in October 2012. Last year, Grainger provided hurricane-related products for the preparation and response to Hurricane Sandy in the northeast United States.
Sales in the United States were up 10 percent, while sales in Canada decreased by 4 percent (+1% in local currency). Sales to all other businesses were up 2 percent (+9% in local currencies).
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.
