CHICAGO — Grainger reported results for the year end with sales of $10 billion increased 6% from $9.4 billion in 2013. Reported net earnings of $802 million increased 1% versus $797 million in 2013. Reported earnings per share of $11.45 represented a rise of 3% compared to $11.13 in 2013. In Canada, Q4 sales at Acklands-Grainger were up 11% in local currency, an increase consisting of 7 percentage points from the acquisition of WFS Enterprises, Inc. on September 2, 2014, and 4 percentage points increase from volume. The volume growth in Canada was led by higher sales to customers in the government and utilities end markets. Operating earnings in Canada declined 21% in the 2014 fourth quarter.
Grainger posts year-end gains
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024