Grainger financials rock-solid in 1Q 2011

W.W. Grainger Inc., Chicago, got off to a quick start in 2011 as its sales spiked 13% YTY in 2011's first quarter. "This was an exceptionally strong quarter for Grainger," said Jim Ryan, chairman, president and CEO. "Our investment in growth is paying off as demonstrated by our strong sales and earnings performance. Expanding product lines, providing new services that complement our products, investing further in eCommerce and increasing our sales force are all contributing to gaining market share in North America."

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