Grainger (GWW) Sales for February Rose 13%
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Price: $1,263.51 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +14.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: +14.2%
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Grainger (NYSE: GWW) today reported sales results for the month of February 2012. Daily sales increased 18 percent versus February 2011. Results for the month included a 5 percentage point contribution from acquisitions. Excluding acquisitions, organic sales increased 13 percent, including 12 percentage points from volume and 3 percentage points from price, partially offset by a 2 percentage point decline from lower sales of seasonal products. February 2012 had 21 selling days, one more than February 2011. The 2012 first quarter will have the same number of selling days as the 2011 first quarter (64 days).
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