Grainger July Organic Sales up 7%

Grainger GWW today reported sales results for the month of July 2011. Daily sales increased 10 percent versus July 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 7 percent, including 8 percentage points from volume and 2 percentage points from price, partially offset by a 3 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 full year. July 2011 had 20 selling days, one less than July 2010. The 2011 third quarter will have the same number of selling days as the 2010 second quarter (64 days).