Grainger August 2014 sales increased 7 percent
November 3, 2014
Grainger (NYSE: GWW) reported daily sales increased 7 percent in August 2014 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.