Grainger Reports July 2012 Daily Sales Results -11% YoY

Grainger GWW today reported sales results for the month of July 2012. Daily sales increased 11 percent versus July 2011. Results for the month included a 5 percentage point contribution from acquisitions and a 2 percentage point decline from foreign exchange. Organic sales on a daily basis increased 8 percent, including 4 percentage points from volume and 4 percentage points from price. July 2012 had 21 selling days, one more than July 2011. The 2012 third quarter will have one less selling day than the 2011 third quarter (63 versus 64 days).