Posted February 11, 2010
Grainger sees 12% bump in January sales
Grainger reported sales for the month of January increased 12% versus January 2009.
Results for the month included a 5 percentage point positive contribution from acquisitions, a 2 percentage point benefit from the timing of the New Years' holiday and a 2 percentage point contribution from foreign exchange. Excluding acquisitions, holiday timing and foreign exchange, daily sales for the company increased 3%.
Sales in the United States increased 6%, while Canadian sales advanced 22% (4% in local currency). Other business, which includes sales from the acquired businesses in Japan and India, posted a 283% increase.
