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-0.000601322910402852 0.000360793746241745 -0.00228502705953094 -0.00469031870114252 -0.00396873120865903 -0.00396873120865903 -0.00396873120865903 -0.00396873120865903
Stock impact report

Why MSC Industrial (MSM) Stock Is Trading Lower Today [Yahoo! Finance]

MSC Industrial Direct Company, Inc. (MSM) 
Last msc industrial direct company, inc. earnings: 4/8 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.mscdirect.com
Company Research Source: Yahoo! Finance
Shares of industrial supplies company MSC Industrial Direct (NYSE:MSM) fell 3.3% in the afternoon session after its stock continued to fall as a recent third-quarter earnings report highlighted concerns about its growth compared to competitors. Although the company reported revenues of $978.2 million, which beat analysts' expectations and were up 2.7% year on year, investors focused on a key detail. MSC Industrial delivered the slowest revenue growth among its peer group of maintenance and repair distributors. The stock had been declining since the earnings were announced, signaling investor unease. This sentiment was amplified by underlying concerns that the company could face pressure on its profit margins due to a backdrop of soft demand and fierce competition. Show less Read more
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