Grainger (GWW) Daily Sales Rose 3% in January

Grainger (NYSE: GWW) reported sales results for the month of January 2015. Daily sales increased 3 percent versus January 2014. Results for the month included 1 percentage point from acquisitions and a 2 percentage point decline from unfavorable foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 4 percent on a daily basis driven by 4 percentage points from volume and a 2 percentage point benefit from favorable comparability to the business disruptions in January 2014 due to the extreme weather. This increase was partially offset by a 2 percentage point decline from lower sales of seasonal products. January 2015 had 21 selling days, one fewer than in January 2014. The 2015 first quarter will have 63 selling days, the same number as the 2014 first quarter.

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