Grainger announces sales, earnings growth

W. W. Grainger closed off last week by announcing Q2 earnings and sales that beat Wall Street expectations. The industrial suppler reported earnings of $7.19 per share on revenues of $3.84 billion, compared to a projected $6.64 per share on sales of $3.7 billion. Canadian daily sales rose by 11.1 percent, making a profit for a fifth consecutive quarter.