Grainger (GWW) Sales Rose 5% in October
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Price: $1,355.49 -0.25%
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) reported sales results for the month of October 2012. Daily sales increased 6 percent versus October 2011, and included 4 percentage points from price, 1 percentage point from volume and 1 percentage point from sales of hurricane-related products. The month of October 2012 had 23 selling days versus 21 selling days in October 2011. While the 2012 fourth quarter will have one extra selling day versus the 2011 fourth quarter (64 versus 63 days), the company is forecasting minimal sales contribution due to timing of the holidays.
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