Grainger (GWW) October Sales Up 11% in October
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Price: $1,366.07 -1.17%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +13.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +13.1%
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Grainger (NYSE: GWW) reportssales results for the month of October 2011.
Sales increased 16 percent versus October 2010. Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 11 percent, including 9 percentage points from volume and 3 percentage points from price, partially offset by a 1 percentage point decline from 2010 oil spill related sales. October 2011 had 21 selling days, the same as October 2010. The 2011 fourth quarter will have the same number of selling days as the 2010 fourth quarter (63 days).
Sales increased 16 percent versus October 2010. Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 11 percent, including 9 percentage points from volume and 3 percentage points from price, partially offset by a 1 percentage point decline from 2010 oil spill related sales. October 2011 had 21 selling days, the same as October 2010. The 2011 fourth quarter will have the same number of selling days as the 2010 fourth quarter (63 days).
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