CHICAGO, Sept. 13, 2016 /PRNewswire/ -- Grainger
(NYSE: GWW) today reported sales results for the month of August
2016. Company daily sales increased 4 percent in August of
2016 versus August of 2015. The sales growth included a
3 percentage point contribution from Cromwell Group (Holdings)
Limited, acquired September 1, 2015, and a 1 percentage
point increase from favorable foreign exchange. Excluding
acquisitions and foreign exchange, organic sales were flat
consisting of a 1 percentage point contribution from sales of
seasonal products offset by a 1 percentage point decline in price.
The month of August 2016 had 23
selling days, two more than the previous year. The 2016 third
quarter will have 64 selling days, the same as the 2015 third
quarter.
August Sales by
Segment
2016 v.
2015
|
United
States
|
+1%
|
|
|
Canada
-16% in local
currency
|
-14%
|
|
|
Other
Businesses
+36% in local
currencies / +11% organic
|
+42%
|
Please visit www.grainger.com/investor to access a recorded
message with additional details about August
2016 sales. Grainger is scheduled to report third
quarter earnings on Tuesday, October 18,
2016, at 7:30 a.m. EDT.
About Grainger
W.W. Grainger, Inc., with 2015 sales
of $10 billion, is North America's leading broad line supplier of
maintenance, repair and operating products (MRO), with operations
also in Europe, Asia and Latin
America.
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SOURCE W.W. Grainger, Inc.