Grainger (GWW) Reports Increase in Sales For January 2010
Get Alerts GWW Hot Sheet
Price: $1,382.22 +1.97%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +8.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +8.8%
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Grainger (NYSE: GWW) today reported sales results for the month of January 2010. Daily sales increased 12 percent versus January 2009. Results for the month included a 5 percentage point positive contribution from acquisitions, a 2 percentage point benefit from the timing of the New Years' holiday and a 2 percentage point contribution from foreign exchange. Excluding acquisitions, holiday timing and foreign exchange, daily sales for the company increased 3 percent. January 2010 had 20 selling days versus 21 in January 2009. The 2010 first quarter will have the same number of selling days (63) as the 2009 first quarter.
January Daily Sales by Segment
2010 v. 2009
United States +6%
Canada +22%
+4% in local currency
Other Businesses +283%
Includes sales from the acquired
businesses in Japan and India
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