ScanSource (SCSC) Stock

Investors with an interest in Industrial Services stocks have likely encountered both ScanSource (SCSC) and W.W. Grainger (GWW).

Here is how ScanSource (SCSC) and Zurn Water (ZWS) have performed compared to their sector so far this year.

Investors with an interest in Industrial Services stocks have likely encountered both ScanSource (SCSC) and W.W. Grainger (GWW).

ScanSource, Inc. (NASDAQ:SCSC ) Q1 2025 Earnings Conference Call November 7, 2024 10:30 AM ET Company Participants Mary Gentry - Senior Vice President, Treasurer and Investor Relations Mike Baur - Chair and Chief Executive Officer Steve Jones - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Keith Housum - Northcoast Research Michael Latimore - Northland Securities Logan Katzman - Raymond James Operator Welcome to the ScanSource Quarterly Earnings Conference Call. All lines have been placed in a listen-only mode until the question-and-answer session.

ScanSource has shown solid growth and smart acquisitions, but mixed financials with dropping sales, high costs, and potentially overpriced stock raise concerns. Despite a strong 2024 performance, long-term returns lag behind the S&P 500, and the stock lacks dividends, making it less attractive for income-focused investors. Recent acquisitions like Resourcive and Advantix aim to boost high-margin, recurring revenue, but high acquisition costs and weak sales numbers pose risks.

SCSC witnesses year-over-year declines in both its top and bottom lines in fiscal 2024 due to weak demand.

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Tuesday.

Investors looking for stocks in the Industrial Services sector might want to consider either ScanSource (SCSC) or W.W. Grainger (GWW).

ScanSource (SCSC) witnesses year-over-year declines in both its top and bottom line in second-quarter fiscal 2024 on weak demand. The company also lowered its fiscal 2024 view.