W.W. Grainger’s July Sales Rise 11% from Last Year, Helped by Acquisitions (GWW)

By Dividend.com Staff,

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Facilities maintenance supplier W.W. Grainger, Inc. ( GWW ) on Friday provided a solid monthly sales update.

The Lake Forest, IL-based company said its July sales rose 11% from last year. The results were aided by 5 percentage points stemming from acquisitions, while numbers were hurt by 2 percentage points from foreign currency exchange.

On a daily basis, organic sales rose 8 percent, with 4 points coming from higher volume, and the remaining four points from price increases.

W.W. Grainger shares were mostly flat in premarket trading Friday.

The Bottom Line
Shares of W.W. Grainger ( GWW ) have a 1.56% dividend yield, based on last night's closing stock price of $204.51. The stock has technical support in the $190-$193 price area. The shares are trading near all-time highs.

W.W. Grainger, Inc. ( GWW ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Created by Dividend.com

This article appears in: Investing Stocks
Referenced Stocks: GWW

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