Tuesday, June 12, 2007

What percentage of Grainger's revenue growth is domestic? - 8% sales increase in May.

Grainger announced today that their daily sales had increased 8% in May from a year prior. Grainger's sales figures have often be a good indicator for economic activity in the United States given the company's large customer base and broad product offering.

More recently Grainger has made significant investments in foreign markets such as China and Mexico. In the first quarter Grainger indicated that revenues at their Mexican locations had increased 19.5%. It would be interesting to see how much of May's 8% growth was tied to growing business in China and Mexico.

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