Chicago, IL - Grainger reported sales results for the month of August 2012. Sales increased 10 percent versus August 2011. Results for the month included a 4 percentage point contribution from acquisitions and a 1 percentage point decline from foreign exchange. Organic sales increased 7 percent, including 4 percentage points from volume, 4 percentage points from price, partially offset by a 1 percentage point decline from lower sales of hurricane-related products in August 2012 versus August 2011. The month of August 2012 had 23 selling days, the same as August 2011. The 2012 third quarter will have one less selling day than the 2011 third quarter (63 versus 64 days).
August Daily Sales by Segment
2012 v. 2011
+13% in local currency
+30% excluding the acquisitions in Europe & Brazil
Please visit www.grainger.com/investor to access a recorded message with additional details about August 2012 sales. Grainger is scheduled to report 2012 third quarter earnings on Tuesday, October 16, 2012 at 8:00 a.m. EDT.
W.W. Grainger, Inc. with 2011 sales of $8.1 billion is North America's leading broad line supplier of maintenance, repair and operating products, with expanding global operations. For more information about the company, visit www.grainger.com/investor.