Grainger (NYSE: GWW), Chicago, IL, reported daily sales for August increased 7 percent over the same period a year ago. Results for the month included a 2 percent increase from acquisitions, net of dispositions, and a 1 percent decline from unfavorable foreign exchange.
Excluding acquisitions and foreign exchange, organic sales increased 6 percent, driven by volume.
U.S. segment sales were up 8 percent year-over-year and Canadian segment sales were up 1 percent. Other businesses segment sales increased 20 percent compared to August 2013, or 21 percent in local currency.
