CHICAGO (AP) — W.W. Grainger Inc. said Monday that its February sales rose 18 percent, boosted by contributions from recent acquisitions.
Grainger supplies businesses with hand tools, cleaning products and other equipment.
Acquisitions added 5 percentage points to sales. February 2012 had 21 selling days, while February 2011 had 20.
The Chicago company said higher prices added 3 percentage points to sales. Volumes rose, although Grainger said sales of seasonal products fell.
Grainger shares rose $2.44, or 1.2 percent, to $214.21 in midday trading.