METTAWA — Industrial equipment supplier W.W. Grainger reported November daily sales increased 5 percent over the same time last year.
Results for the month included 4 percentage points from acquisitions and a 2 percentage points decline from unfavorable foreign exchange, the company said in a release. Excluding that, daily sales increased 3 percent driven by 6 percentage points of volume growth, partially offset by 2 percentage points decline from sales of hurricane-related products in November 2012 and 1 percentage point decline from price.
In the fourth quarter of last year, Grainger provided hurricane-related products for the preparation for and response to Hurricane Sandy in the northeast U.S.
November had 20 selling days, one less than in November 2012.
The 2013 fourth quarter will have 64 selling days, the same as the 2012 fourth quarter. November daily sales in the U.S. and Canada were up 7 and 3 percent respectively, and markets including Asia, Europe and Latin America were up 13 percent for the month.