It\'s Q2 earning season, providing distributors (and manufacturers) with an opportunity to benchmark their performance, gain insights (or confirmation) on what they are seeing in the market and possibly learn a little from publicly held companies. First up is Grainger whose results reaffirm that the industrial slowdown continues, albeit it is no longer in free fall. Grainger … [Read more...] about Grainger Q2 Earnings … Industrial slowdown continues
Grainger
Grainger’s Q1 2016 Highlights Industrial Challenges
Grainger released its Q1 results today. Historically they represent a proxy for the industrial and industrial MRO market so we decided to review for insights...(italics are commentary). The bottom line is that business is essentially flat in the US with challenges in the industrial / natural resources segments AND the company is experiencing pricing pressures, which … [Read more...] about Grainger’s Q1 2016 Highlights Industrial Challenges
Increasing Pressure and Competition in the Industrial MRO Market
Grainger and WESCO are typically good industry benchmarks to get a sense of the industrial MRO market. Grainger also sometimes provides insights into the institutional market, so let\'s look at their end of year / quarterly reports where they also shed 2016 guidance. Grainger While their January headline was good \"up 4% for the month\", this included 4% for a UK acquisition … [Read more...] about Increasing Pressure and Competition in the Industrial MRO Market
