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Stock impact report

Reflecting On Industrial Distributors Stocks' Q2 Earnings: Boise Cascade (NYSE:BCC) [Yahoo! Finance]

Boise Cascade, L.L.C. (BCC) 
Last boise cascade, l.l.c. earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: bc.com/investor-relations
Company Research Source: Yahoo! Finance
Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Distributors that boast a reliable selection of products–everything from hardhats and fasteners for jet engines to ceiling systems–and quickly deliver goods to customers can benefit from this theme. While e-commerce hasn't disrupted industrial distribution as much as consumer retail, it is still a real threat, forcing investment in omnichannel capabilities to better interact with customers. Additionally, distributors are at the whim of economic cycles that impact the capital spending and construction projects that can juice demand. The 26 industrial distributors stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 1.5% while next quarter's revenue guidance was 2.6% below. In light of this news, share prices of the companies have held steady as they are up 3.7% on average since the latest e Show less Read more
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