CHICAGO, June 10, 2011 /PRNewswire/ -- Grainger (NYSE: GWW) today reported sales results for the month of May 2011. Daily sales increased 11 percent versus May 2010. Results for the month included a 1 percentage point positive contribution from acquisitions and a 2 percentage point contribution from foreign exchange. Excluding acquisitions and foreign exchange, organic sales increased 8 percent, including 7 percentage points from volume and 2 percentage points from price, partially offset by a 1 percentage point decline from oil spill related sales in 2010. In 2010, Grainger provided safety and related products used to clean up the oil spill in the Gulf of Mexico, which contributed approximately 1 percentage point to total company sales for the year. May 2011 had 21 selling days, one more than May 2010. The 2011 second quarter will have the same number of selling days as the 2010 second quarter (64 days).
May Daily Sales by Segment 2011 v. 2010 |
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United States |
+8% |
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Canada +15% in local currency |
+24% |
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Other Businesses Includes sales from the acquired business in Colombia |
+39% |
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Please visit www.grainger.com/investor to access a recorded message with additional details about May 2011 sales. Grainger is scheduled to report 2nd quarter 2011 results on Tuesday, July 19, 2011 at 8:00 a.m. EDT.
W.W. Grainger, Inc., with 2010 sales of $7.2 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with an expanding presence in Asia and Latin America.
SOURCE W.W. Grainger, Inc.
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