Grainger (NYSE: GWW), Chicago, IL, reported daily sales for October increased 6 percent over the same period a year ago. Results for the month included a 1 percent increase from acquisitions, net of dispositions, and a 2 percent decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 7 percent, driven by 6 percentage points of volume growth and a 1 percentage point contribution from sales of Ebola-related safety products.
U.S. segment sales were up 7 percent year-over-year and Canadian segment sales were up 2 percent. Other businesses segment sales increased 16 percent compared to October 2013, or 23 percent in local currency.
