Industrial-supply companies like MSC Industrial Direct are always interesting for investors because they provide an early indication of trends in industrial market conditions. However, anyone hoping for a definitive sign of a pickup from its fourth-quarter earnings would have been disappointed. The company's earnings continue to be characterized by declining end markets, but there are some slightly positive signs, not least from the initiatives management is taking to improve competitive positioning. Let's analyze the earnings and outlook in more detail.
READ THE FULL EQUITY RESEARCH REPORT LINKED
Post a Comment