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Stock Market & Financial Investment News

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September 13, 2012
08:09 EDTGWWGrainger reports August sales up 10%
Grainger reported sales results for the month of August increased 10% versus August 2011. Results for the month included a 4 percentage point contribution from acquisitions and a 1 percentage point decline from foreign exchange. Organic sales increased 7%, including 4 percentage points from volume, 4 percentage points from price, partially offset by a 1 percentage point decline from lower sales of hurricane-related products in August 2012 versus August 2011. The month of August 2012 had 23 selling days, the same as August 2011. The 2012 third quarter will have one less selling day than the 2011 third quarter. August US sales were up +4%, Canada was up +13% in local currency.
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May 22, 2013
10:19 EDTGWWGrainger repeats forecast for FY13 EPS $11.30-$12.00, consensus $11.96
Sees FY13 sales $9.4B-$9.8B, consensus $9.6B. Sees 1/3 of operating cash flow invested in business and 2/3 returned to shareholders to 2013. Repeats forecast for 2013 growth program spending of about $160M. Information from slides for Electrical Products Group conference.
07:24 EDTGWWElectrical Products Group to host a conference
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May 13, 2013
10:09 EDTGWWOn The Fly: Analyst Upgrade Summary
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08:56 EDTGWWGrainger upgraded to Outperform from Market Perform at Raymond James
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May 10, 2013
08:01 EDTGWWGrainger reports April daily sales up 8%
Grainger reported sales results for the month of April. Daily sales increased 8% versus April 2012, and included 3 percentage points from volume, 2 percentage points from price, 2 percentage points from acquisitions and 2 percentage points from the timing of the Easter holiday, partially offset by a 1 percentage point decline from foreign exchange.

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