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Stock impact report

Q3 Earnings Roundup: WESCO (NYSE:WCC) And The Rest Of The Maintenance and Repair Distributors Segment [Yahoo! Finance]

Global Industrial Company (GIC) 
Company Research Source: Yahoo! Finance
Let's take a look at how WESCO (NYSE:WCC) and the rest of the maintenance and repair distributors stocks fared in Q3. Supply chain and inventory management are themes that grew in focus after COVID wreaked havoc on the global movement of raw materials and components. Maintenance and repair distributors that boast reliable selection and quickly deliver products 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 serve customers everywhere. Additionally, maintenance and repair distributors are at the whim of economic cycles that impact the capital spending and construction projects that can juice demand. The 8 maintenance and repair distributors stocks we track reported a slower Q3. As a group, revenues were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady as they ar Show less Read more
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