Grainger Sales Up 9% in 1Q - Modern Distribution Management

Grainger Sales Up 9% in 1Q

Grainger, Chicago, IL, reported sales of $1.5 billion in the first quarter, up 9% from the first quarter 2006. Profit increased 18% to $102 million.
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Daily sales increased 8% in January, 10% in February and 9% in March. The company’s sales were positively affected by 1 percentage point for strong sales of seasonal products and negatively affected by 1 percentage point as the company unwinds low-margin contracts for automotive and integrated supply customers.
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Sales in the branch-based segment in the U.S., Mexico and China increased 10% in the first quarter. Daily sales grew by 9% in January, 11% in February and 11% in March.
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Sales in the U.S. were up 10%. The strongest sales growth in the U.S. came from government customers followed by …

Grainger, Chicago, IL, reported sales of $1.5 billion in the first quarter, up 9% from the first quarter 2006. Profit increased 18% to $102 million.
&nbsp ;
Daily sales increased 8% in January, 10% in February and 9% in March. The company’s sales were positively affected by 1 percentage point for strong sales of seasonal products and negatively affected by 1 percentage point as the company unwinds low-margin contracts for automotive and integrated supply customers.
&nbsp ;
Sales in the branch-based segment in the U.S., Mexico and China increased 10% in the first quarter. Daily sales grew by 9% in January, 11% in February and 11% in March.
&nbsp ;
Sales in the U.S. were up 10%. The strongest sales growth in the U.S. came from government customers followed by …

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