CHICAGO — Grainger (NYSE: GWW) on Friday reported sales results for the month of November. Daily sales increased 8 percent versus November 2013. Results for the month included 1 percentage point from acquisitions, net of dispositions, and a 2 percentage points decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales increased 9 percent driven by 7 percentage points of volume growth, a 1 percentage point contribution from sales of Ebola-related safety products and 1 percentage point from increased sales of seasonal products. The month of Nov. 2014 had 19 selling days, one fewer than in November 2013. The 2014 fourth quarter will have 64 selling days, the same as the 2013 fourth quarter.
Sales in the U.S. increased 9 percent, sales in Canada increased 5 percent, while sales for Graingers' other business increased 15 percent.
Grainger is No. 3 on Industrial Distribution's 2014 Big 50 List.
