Quarterly Results, Management Changes, Merger Agreements, and Reorganizational Activities - Analyst Notes on Fastenal, Grainger, Susser Petroleum Partners, WESCO and G&W

NEW YORK, May 1, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding Fastenal Company (NASDAQ: FAST), W.W. Grainger, Inc. (NYSE: GWW), Susser Petroleum Partners LP (NYSE: SUSP), WESCO International, Inc. (NYSE: WCC) and Genesee & Wyoming, Inc. (NYSE: GWR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1871-100free.

--
Fastenal Company Analyst Notes
On April 16, 2014, Fastenal Company (Fastenal) announced the retirement of two of its founders - Bob Kierlin (Chairman) and Steve Slaggie (Director) - from the Company's Board of Directors. Fastenal stated that their retirement is in accordance with the Company's Director age-limitation policy. Earlier on April 11, 2014, Fastenal had reported its Q1 2014 financial results. During the quarter, the Company's net sales of $876.5 million had increased 8.7% YoY, and net earnings of $111.9 million, or $0.38 per basic share, came in slightly higher than the reported net earnings of $109.0 million, or $0.37 per basic share, in Q1 2013. The full analyst notes on Fastenal are available to download free of charge at:

http://www.analystsreview.com/1871-FAST-01May2014.pdf

--
W.W. Grainger, Inc. Analyst Notes
On April 16, 2014, W.W. Grainger, Inc. (Grainger) reported its Q1 2014 financial results. During the quarter, the Company's sales were up 4.6% YoY to $2.4 billion. Q1 2014 net earnings were $217.0 million or $3.07 per share, compared to $212.0 million or $2.94 per share, in Q1 2013. "We are encouraged by the strong finish in March and our solid operating performance in a quarter that was marked by several disruptions from severe winter weather in January and February," said Jim Ryan, Chairman, President, and CEO of Grainger. "We are particularly encouraged by the performance of our U.S. business, which was driven by continued market share gains with large customers." For full-year 2014, the Company reiterated its guidance of 5-9% sales growth and EPS in the range of $12.10 to $12.85. The full analyst notes on Grainger are available to download free of charge at:

http://www.analystsreview.com/1871-GWW-01May2014.pdf

--
Susser Petroleum Partners LP Analyst Notes
On April 28, 2014, Susser Petroleum Partners LP (Susser Petroleum Partners) announced that Energy Transfer Partners, L.P. (ETP) has entered into a definitive merger agreement under which ETP intends to acquire Susser Holdings Corporation (Susser Holdings), the owner of the general partner of Susser Petroleum Partners, in a unit cash transaction valued at a total consideration of approximately $1.8 billion. Under the agreement, ETP will also own the general partner interest and the incentive distribution rights in Susser Petroleum Partners, approximately 11.0 million of its common units, and Susser Holdings' existing retail operations. The full analyst notes on Susser Petroleum Partners are available to download free of charge at:

http://www.analystsreview.com/1871-SUSP-01May2014.pdf

--
WESCO International, Inc. Analyst Notes
On April 24, 2014, WESCO International, Inc. (WESCO) reported its Q1 2014 financial results. During the quarter, the Company achieved net sales of $1.8 billion, up 0.2% YoY. Q1 2014 net income attributable to WESCO stood at $51.9 million, or $0.97 per diluted share, much lower as compared to $84.0 million, or $1.60 per diluted share, in Q1 2013. "Our first quarter results reflect an improving U.S. economy largely offset by the impacts of severe winter weather conditions in both the U.S and Canada. Sales in the U.S. were up approximately 3% with mid-single digit organic sales growth in all of our end markets, except construction, where sales declined primarily due to weather related project delays. Sales in Canada declined approximately 4% organically versus last year," said John J. Engel, Chairman and CEO of WESCO. "We expect business conditions to improve this year with a strengthening recovery in non-residential construction. Our full year outlook remains unchanged at 3% to 6% sales growth and $5.30 to $5.70 earnings per diluted share." The full analyst notes on WESCO are available to download free of charge at:

http://www.analystsreview.com/1871-WCC-01May2014.pdf

--
Genesee & Wyoming, Inc. Analyst Notes
On April 24, 2014, Genesee & Wyoming, Inc. (G&W) announced that its Atlas Railroad Construction (Atlas) subsidiary is reorganizing under a region-based commercial and operating structure to facilitate expansion into the US Midwest, Southeast, and Southwest. Further, the Company informed that Atlas is relocating its headquarters from Bridgeville, Pennsylvania to Jacksonville, Florida as part of the reorganization. "While we will continue to maintain a strong presence in the Pittsburgh area, with our customers in the Northeast receiving the same high level of service, the move to Jacksonville provides access to a larger transportation and infrastructure workforce," said Gary Long, President of Atlas. "The reorganization and relocation positions Atlas both to work more closely with G&W and to grow our business in new geographies." The full analyst notes on G&W are available to download free of charge at:

http://www.analystsreview.com/1871-GWR-01May2014.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


AnalystsReview.com

SOURCE Analysts Review

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.