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News Digest 5010

MDM's top news briefs from News briefs from May 11 - May 25, 2020.

May 26, 2020

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3M, St. Paul, Minnesota, reported sales information for the month of April 2020. The company withdrew its full-year 2020 outlook on April 28, due to the uncertain impact of the COVID-19 pandemic and committed to provide monthly updates until it is better able to forecast future performance. More.

Industrial distributor MSC Industrial Direct Co. Inc., Melville, New York, reported sales for the fiscal month of April (the second month of the Company’s fiscal third quarter) were $235.5 million, a decrease of 10.5% compared to the same period in the prior fiscal year. More.

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