Grainger (GWW) Reports 15% Increase in November 2011 Sales
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Grainger (NYSE: GWW) today reported sales results for the month of November 2011. Sales increased 15 percent versus November 2010. Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 10 percent, including 10 percentage points from volume and 2 percentage points from price, partially offset by a 2 percentage point decline from 2010 oil spill related sales. November 2011 had 21 selling days, the same as November 2010. The 2011 fourth quarter will have the same number of selling days as the 2010 fourth quarter (63 days).
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