CHICAGO — Grainger (NYSE: GWW), which came in at No. 3 on Industrial Distribution's Big 50, on Friday reported sales results for the month of August 2014. Daily sales increased 7 percent versus August 2013. Results for the month included 2 percentage points from acquisitions, net of dispositions, and a 1 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales increased 6 percent driven by volume. The month of August 2014 had 21 selling days versus 22 selling days in August 2013. The 2014 third quarter will have 64 selling days, the same number as the 2013 third quarter.
August Daily Sales by Segment 2014 v. 2013 | |
United States | +8% |
Canada +6% in local currency | +1% |
Other Businesses +21% in local currency | +20% |
Visit www.grainger.com/investor to access a recorded message with additional details about August 2014 sales. Grainger is scheduled to report third quarter earnings on Thursday, October 16, 2014 at 7:30 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.
