Grainger (NYSE: GWW), Chicago, IL, reported daily sales for July increased 3 percent compared to the same period a year ago. Results for the month included a 4 percentage point contribution from Cromwell Group (Holdings) Ltd, acquired Sept. 1.
Excluding acquisitions, organic daily sales were down 1 percent, driven by a 1 percentage point decline in price and flat volume.
U.S. segment sales were down 2 percent year-over-year and Canadian segment sales were down 19 percent, 14 percent in local currency. Other businesses segment sales increased 56 percent compared to July 2015, or 50 percent in local currency.
