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BtoB

Grainger posts higher sales, earnings

Published on .

Chicago—W.W. Grainger on Friday reported first-quarter sales of $1.3 billion, up 9% from the year-earlier period. Net earnings totaled $72.8 million, up 16%. "Overall in the first quarter we saw healthy sales growth in the government, manufacturing, transportation and commercial sectors, even though March sales showed some softness, particularly at the end of the month due to the timing of the Easter holiday," Grainger Chairman-CEO Richard L. Keyser said in a statement.

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