RXO Inc. (NYSE:RXO) will be added to the S&P MidCap 400 prior to the opening of trading on Tuesday, November 1, replacing Bread Financial Holdings Inc. (NYSE:BFH) which will move to the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, November 2. Bread Financial Holdings will replace Unifi Inc (NYSE:UFI) in the S&P SmallCap 600 on that date. S&P MidCap 400 constituent XPO Logistics Inc. (NYSE:XPO) is spinning off RXO in a transaction expected to be completed on or about November 1. XPO Logistics will remain in the S&P MidCap 400 post the spin-off transaction. Bread Financial Holdings is no longer representative of the mid-cap market space, and Unifi is no longer representative of the smallcap market space.
Grainger Updates FY23 Outlook, Sees Net Sales Of $16.2B-$16.8B Vs $16.51B Estimate; EPS Of $34.25-$36.75 Vs Estimate $33.37, Prior $32-$34.50
Given the strong first quarter results and expectations for the remainder of the year, the Company is updating its full year 2023 guidance ranges as noted below, including an
