Grainger profits fall on higher sales

LAKE FOREST, Ill. — W.W. Grainger posted Q3 net earnings of $162 million, a decline of 13% from $186 million a year ago. At the same time, sales rose by 2% to $2.6 billion compared to the third quarter of last year. Sales in the Canada segment increased by 5% but saw a $15 million operating loss in the quarter, up 1% from 2016.

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