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News 2026-07-01 17:16 UTC

MSC Industrial Warns Tungsten Costs Are Still Soaring With No End in Sight

MSC Industrial Direct Company, Inc. (NYSE: MSM ) stock rose Wednesday after the industrial distributor reported fiscal third-quarter 2026 results that beat Wall Street estimates and raised its free cash flow outlook for the full year. President and CEO Martina McIsaac said the stronger-than-expected results reflected “