MSC Industrial Direct ( MSM ): FQ3 EPS of $1.06 in-line. Revenue of $720.5M (+13.1% Y/Y) misses by $6.76M . Press Release Post your comment!
We expect MSC will continue to capture a greater share of its customers' MRO spending.
Diversified Industrials Hub Group HUBG 5 335 Integ. Shipng/Logistics Ingram Micro IM 5 N/A Computer Distribution MSC Industrial Direct MSM 5 N/A Industrial Distribution Reliance Steel and Alum. RS 5 N/A Metal Fabrication Webster Financial WBS
Narrow-moat MSC Industrial MSM reported weak second-quarter results on Wednesday, essentially echoing its first-quarter results. Management noted that the business environment didn’t match the optimistic U.S. Purchasing Managers Index readings of above 50. We are lowering our near-term estimates,
BANGALORE (Reuters) - MSC Industrial Direct Co Inc forecast third-quarter results above analysts' expectations as a steady recovery in U.S. manufacturing drove sales and margins at the industrial...
Stephen Simpson submits: By Stephen D. Simpson It's generally a good idea to keep up with the bear story on your holdings, if only to formulate a list of red flags to watch for or potentially under-appreciated aspects of the story that may drive the shares higher. In the case of MSC Industrial ( ...
MSC Industrial Direct 's MSM first-quarter results largely met our expectations. Net sales improved 23% from the year-ago quarter to $473 million
MSC Industrial Direct MSM reported strong fourth-quarter results in line with the earnings rebound we noticed at other distributors like Fastenal FAST
cyclical firms gaining market share--such as industrial equipment maker Fastenal FAST and industrial distributor MSC Industrial Direct MSM--that are able to use their strong balance sheets to take advantage of a fragmented market and get stronger
coming years. We see competition intensifying in the distribution industry as rivals such as Grainger GWW and MSC Industrial Direct MSM step up their customer reach plans.Fastenal's business strategy centers on reaching a wide customer audience