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CHICAGO, May 12, 2016 /PRNewswire/ -- Grainger (NYSE: GWW) today reported daily sales results for the month of April 2016. Company daily sales increased 4 percent in April of 2016 versus April of 2015. The sales growth included a 4 percentage point contribution from Cromwell Group (Holdings) Limited, acquired September 1, 2015. Excluding acquisitions, organic daily sales were flat driven by a 1 percentage point increase in volume and a 1 percentage point benefit from the timing of the Easter holiday, offset by a 2 percentage point decline in price. The month of April 2016 had 21 selling days, one fewer than the previous year. The 2016 second quarter will have 64 selling days, the same as the 2015 second quarter.
April Sales by Segment 2016 v. 2015 | |
United States | -1% |
Canada -13% in local currency | -14% |
Other Businesses +54% in local currencies / +24% organic | +56% |
Please visit www.grainger.com/investor to access a recorded message with additional details about April 2016 sales. Grainger is scheduled to report May sales on Monday, June 13, 2016, at 8:00 a.m. EDT.
About Grainger
W.W. Grainger, Inc., with 2015 sales of $10 billion, is North America's leading broad line supplier of maintenance, repair and operating products, with operations also in Europe, Asia and Latin America.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/grainger-reports-april-2016-sales-results-300267186.html
SOURCE W.W. Grainger, Inc.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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