Friday, November 6, 2015

MSC Industrial Earnings Signals a Weak Manufacturing Environment

Anyone with lingering doubts that the manufacturing sector is in a slowdown need only take a look at MSC Industrial Direct's fiscal fourth-quarter results, which were released on Tuesday. Just as rival W.W. Grainger indicated in mid-October, MSC Industrial is seeing a challenging environment in which revenue growth and margin are coming under pressure. In reality, industrial supply companies have limited visibility, so future guidance is subject to change, but they do give a very accurate reading on current conditions. Let's take a look at the earnings report.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED