W.W. Grainger reports 3.3 percent drop in daily sales during October

By AP
Wednesday, November 18, 2009

W.W. Grainger daily sales down 3 pct in October

CHICAGO — Maintenance products manufacturer W.W. Grainger Inc. said Wednesday that sales in October declined 3 percent compared with the same month last year.

Excluding the effects of acquisitions and foreign exchange rates, Grainger’s daily sales for October were down 8 percent. October 2009 also had one less selling day then the year ago month.

Shares of Grainger fell $2.47, or 2.4 percent, to $98.96 in midday trading.

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