MSM Stock Recent News
MSM LATEST HEADLINES
MSC Industrial may miss its full-year sales expectations due to a weak start to the year for its end markets. The second-half recovery that many industrial companies are expecting may be delayed.
MSC Industrial (MSM) expects average daily sales to see flat to 5% growth year over year for fiscal 2024.
Although the revenue and EPS for MSC Industrial (MSM) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MSC Industrial (MSM) acquires intellectual property assets from SMRT to boost innovation.
MSC Industrial (MSM) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.45 per share a year ago.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
MELVILLE, N.Y. and DAVIDSON, N.C.
MELVILLE, N.Y. and DAVIDSON, N.C.
Shopify (NYSE: SHOP ) says its 2024 mobile commerce sales are expected to be $2.5 trillion in 2024, nearly 14% higher than in 2023. That's excellent news for it and other e-commerce growth stocks.
MSC Industrial (MSM) buys KAR to expand its metalworking footprint in Canada.