WW Grainger Feb. sales rise 18 percent

WW Grainger posts 18 percent increase in Feb. sales, boosted by acquisitions

Associated Press

CHICAGO (AP) -- W.W. Grainger Inc. said Monday that its February sales rose 18 percent, boosted by contributions from recent acquisitions.

Grainger supplies businesses with hand tools, cleaning products and other equipment.

Acquisitions added 5 percentage points to sales. February 2012 had 21 selling days, while February 2011 had 20.

The Chicago company said higher prices added 3 percentage points to sales. Volumes rose, although Grainger said sales of seasonal products fell.

Grainger shares rose $2.44, or 1.2 percent, to $214.21 in midday trading.

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