Medline Inc. (NASDAQ:MDLN) is one of the 10 Best New Stocks to Buy Other Than SpaceX.
On June 12, 2026, William Blair analyst Brandon Vazquez said Medline Inc. (NASDAQ:MDLN) shares were lower after news of a fire at a distribution center in Tracy, California. Vazquez noted that the 1M square-foot facility represents 4% of Medline’s warehouse space in the U.S. and 3% globally. William Blair expects Medline to spend to ensure customer orders are fulfilled, which could pressure margins in the short term. Still, Vazquez expects the stock impact to be “manageable over the medium term,” citing Medline’s scale and ability to continue fulfilling customer orders. William Blair kept an Outperform rating on Medline.
Also on June 12, Leerink analyst Michael Cherny noted that a fire broke out the previous afternoon at Medline’s Tracy, CA, 1 million sq. ft. distribution facility, completely engulfing the building. No injuries were reported, and local authorities were still assessing the situation. Cherny said the facility had at least been taken offline, meaning Medline was evaluating contingency plans to maintain customer order fulfillment. Leerink expects some short-term financial impact and possible disruption in product availability and fill rates, even if redundancy plans help mitigate the issue. Longer term, Cherny said the fire does not change Medline’s opportunity, and Leerink maintained an Outperform rating.
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Earlier, ABC7 News reported that a massive fire destroyed Medline’s 1 million-square-foot medical supply distribution center in Tracy, California, citing Tracy Police Department spokesperson Kaylin Heefner. Management noted that everyone in the facility was safe and accounted for, with no injuries reported so far. The warehouse fire started around 1 p.m. Thursday and was still burning Friday morning.
Medline Inc. (NASDAQ:MDLN) manufactures med-surg products for hospitals, surgery centers, physician offices, post-acute facilities, and nursing home sites of care in the United States and internationally.
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