CHICAGO — Grainger (NYSE: GWW) reported sales results Wednesday for the month of July 2014. Sales increased six percent versus July 2013. Results for the month included two percentage points from acquisitions, net of dispositions, and a one percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased five percent driven by five percentage points from volume and 1 percentage point from the favorable timing of the July 4 holiday in the United States, partially offset by a one percentage point decline from lower sales of seasonal products. The month of July 2014 had 22 selling days, the same as in July 2013. The 2014 third quarter will have 64 selling days, the same as in the 2013 third quarter.
July Sales by Segment 2014 v. 2013 | ||||
United States | +7% | |||
Canada +1% in local currency | -2% | |||
Other Businesses +17% in local currencies | +16% | |||
Visit www.grainger.com/investor to access a recorded message with additional details about July 2014 sales. Grainger is scheduled to report August sales on Friday, Sept. 12, 2014 at 8:00 a.m. EDT.
W.W. Grainger, Inc., with 2013 sales of $9.4 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with operations in Asia, Europe and Latin America.
