Grainger posts 8% November sales gain
Grainger reported sales for the month of November increased 8 percent versus November 2013.
Results for the month included 1 percentage point from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales increased 9 percent driven by 7 percentage points of volume growth, a 1 percentage point contribution from sales of Ebola-related safety products and 1 percentage point from increased sales of seasonal products.
Sales in the United States increased by 9 percent, while sales in Canada gained 5 percent (13 percent in local currency). Sales to Graingers Other Businesses segment improved by 15 percent (23 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.
