Grainger February Sales up 11%

Grainger GWW today reported sales results for the month of February 2011.

Daily sales increased 11 percent versus February 2010. Results for the month included a 1 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange.

Excluding acquisitions and foreign exchange, organic sales were up 9 percent, including 2 percent from price and 7 percent from volume. February 2011 had 20 selling days, the same as February 2010. The 2011 first quarter has one more selling day than the 2010 first quarter (64 versus 63 days).