Grainger (NYSE: GWW), Chicago, IL, reported daily sales for April increased 1 percent over the same period a year ago. Results for the month included a 1 percent increase from acquisitions and a 3 percent decrease from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 3 percent driven by 4 percentage points from volume, partially offset by a 1 percentage point decline in price.
U.S. segment sales were up 1 percent year-over-year and Canadian segment sales were down 6 percent, but up 5 percent in local currency. Other businesses segment sales increased 4 percent compared to April 2014, or 19 percent in local currency.