MSC Industrial Direct Co Inc Class A

MSM: XNYS (USA)
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$44.00MxzgmxsKscvmsrwm

MSC Industrial Reported Fourth-Quarter Earnings in Line With Our Expectations

MSC Industrial closed out its fiscal fourth quarter on a solid note, growing average daily sales by approximately 14% year over year. Of that, acquired sales in the fourth quarter made up roughly 250 basis points. MSC recently acquired two regional distributors, Engman-Taylor ($60 million in annual sales) and Tower Fasteners ($35 million in annual sales).

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