Thursday, April 30, 2015

MSC Industrial Direct Earnings Anaylsis and Research

Industrial supply company MSC Industrial Direct (NYSE:MSM) delivered disappointing second-quarter results on Wednesday, and you only have to look at the price chart below to see the company remains in a difficult trading environment. In my article on the previous quarter's report, I noted that management spoke of "a more optimistic outlook from customers," but that prediction was not borne out in the latest results. Let's take a more detailed look at what went wrong.





READ THE FULL EQUITY RESEARCH ARTICLE LINKED