Grainger August Sales +10%

[Thursday, September 13, 2012]  Grainger today reported sales results for the month of August 2012 increased 10 percent versus August 2011. Results for the month included a four percentage point contribution from acquisitions and a one percentage point decline from foreign exchange. Organic sales increased seven percent, including four percentage points from volume, four percentage points from price, partially offset by a one percentage point decline from lower sales of hurricane-related products in August 2012 versus August 2011.

The month of August 2012 had 23 selling days, the same as August 2011. The 2012 third quarter will have one less selling day than the 2011 third quarter (63 versus 64 days). Read More ...