For Distributors Only

Grainger second-quarter sales up 12%

Grainger reported second quarter sales of $2.2 billion, a year-over-year increase of 12 percent. Profit increased 12 percent to $191 million.

Organic sales in the second quarter increased 9 percent, including 6 percentage points from volume and
3 percentage points from price. Acquisitions contributed 5 percentage points and foreign exchange subtracted 2 percentage points from the sales growth. On a daily basis, sales increased 12 percent in April, 13 percent in May and 12 percent in June.

For the first six months of 2012, sales were $4.4 billion, up 14 percent over the same period a year ago. Profit increased 15 percent to $378 million.

Sales for the United States segment increased 7 percent in the 2012 second quarter versus the prior year. The 7 percent sales growth for the quarter was driven by 4 percent volume growth and 3 percentage points from price. Daily sales were up 7 percent in April, 8 percent in May and 7 percent in June. For the quarter, the heavy manufacturing, light manufacturing, retail, commercial, government, natural resources and reseller end markets all posted sales growth versus the 2011 second quarter, while the contractor end market posted a small decline.

Quarterly operating earnings in the United States increased 15 percent versus the prior year. Expense leverage in the United States was positive despite an incremental $24 million in growth-related spending on new sales representatives, eCommerce and advertising. 

Did you enjoy this article? Click here to subscribe to ISHN.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ISHN's Favorite Cover Images

Take a look at some of our favorite cover images!
6/5/13 2:00 pm EST

A Safety Manager’s Guide to Dust Compliance

On demand This webinar will provide an overview of the standards that are providing safety managers a blueprint for compliance. During the NFPA Standards review component, NFPA 652, NFPA 654, NFPA 61 and other relevant Combustible Dust and Combustible Metals Dust Standards will be highlighted and discussed.

THE MAGAZINE

ISHN Magazine

ISHN June 2013 cover

2013 June

ISHN's June issue features a number of articles on heat stress, fall protection systems, safety management, and body protection tips.

Table Of Contents Subscribe

THE ISHN STORE

ANSI/ASSE A10.1-2011 Pre-Project & Pre-Task Safety and Health Planning

This standard establishes the elements and activities for pre-project and pre-task safety and health planning in construction.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

ISHN Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!

STAY CONNECTED

Facebook logo Twitter YouTubeLinkedIn