Grainger reports April 2012 sales results
Grainger reported that daily sales increased 12 percent in April versus last April.
Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 7 percent, including 5 percentage points from volume and 3 percentage points from price, partially offset by a 1 percentage point decline from foreign exchange. April 2012 had 21 selling days, the same as April 2011. The 2012 second quarter will have the same number of selling days as the 2011 second quarter (64 days). April Daily Sales by Segment 2012 v. 2011 United States +7% Canada +13% in local currency +9% Other Businesses +20% excluding Fabory acquisition +79%
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