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Stock impact report

Q3 Earnings Highlights: GMS (NYSE:GMS) Vs The Rest Of The Industrial Distributors Stocks [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
Q3 Earnings Highlights: GMS (NYSE:GMS) Vs The Rest Of The Industrial Distributors Stocks As the Q3 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the industrial distributors industry, including GMS (NYSE:GMS) and its peers. 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 29 industrial dist Show less Read more
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