MSC Industrial Directt (MSM) Tops Q3 EPS by 7c; Issues Light Q4 Outlook

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MSC Reports Fiscal 2015 Third Quarter Results and Provides Fiscal Fourth Quarter Guidance

July 7, 2015 7:00 AM EDT

MELVILLE, N.Y. and DAVIDSON, N.C., July 7, 2015 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), "MSC" or the "Company," a premier distributor of Metalworking and Maintenance, Repair and Operations ("MRO") supplies to industrial customers throughout North America, today reported results for its fiscal third quarter ended May 30, 2015.

Net sales for the fiscal third quarter 2015 were $745.5 million compared to net sales of $720.5 million in the same quarter a year ago, an increase of 3.5% on an average daily sales basis. Adjusted operating income for the fiscal third quarter 2015 was $104.5... More