And it’s growing earnings faster than sales
A bonus Singular Diligence report covering a large, U.S. stock with a highly predictable, good return on capital and a good growth rate.
It distributes the products needed to keep a large business running smoothly. It sells light bulbs, motors, gloves, screwdrivers, mops, buckets, brooms, and literally thousands of other products. And it has unusually high margins.
This surprises some people. Investors and analysts see 40% gross margins and wonder how that can be. How can a middleman mark-up basic, boring products like we’ve talked about here – mops, buttons, motors, light bulbs, etc. – by 50% to 70% over the price they paid for that product?
Greenbackd 
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