Grainger (NYSE: GWW), Chicago, IL, today reported sales for January increased 3 percent year-over-year. Results for the month included a 1 percent increase from acquisitions and a 2 percent decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 4 percent, driven by 2 percent from volume, 2 percent from price and 2 percent from strong sales of seasonal products, partially offset by a 2 percent decline from business disruptions due to the extreme weather across North America at times during the month.
United States segment sales were up 6 percent year-over-year, while Canada sales were down 13 percent. Other Businesses segment sales increased 6 percent compared to January 2013.
