W.W. Grainger Inc. (GWW) reported that its daily sales for the month of November increased 2%, compared to November 2008. Results for the month included a 4 percentage point positive contribution from acquisitions and a 2 percentage point benefit from foreign exchange. Sales were negatively affected by approximately 1 percentage point due to a decline in the sales of seasonal products. Excluding acquisitions, foreign exchange and the effects of seasonal products, daily sales for the company declined 3%. November 2009 had 20 selling days versus 19 in November 2008.
For comments and feedback: editorial@rttnews.com