Posted September 12, 2011
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%.
