MSC Industrial Directt (MSM) Reports In-Line Q4 EPS; Q1 Guidance Falls Short

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Go back to MSC Industrial Directt (MSM) Reports In-Line Q4 EPS; Q1 Guidance Falls Short

MSC Reports Fiscal 2015 Fourth Quarter and Full Year Results

October 27, 2015 7:01 AM EDT

MELVILLE, N.Y. and DAVIDSON, N.C., Oct. 27, 2015 /PRNewswire/ --

FISCAL Q4 2015 HIGHLIGHTS

Net sales of $727.4 million, flat year-over-year, on continued share gains in difficult market conditions Gross margin of 45.0% reflecting continued stabilization Adjusted operating expenses as a percent of sales just 10 basis points higher year-over-year after cost down measures and increased growth spending GAAP and adjusted diluted EPS of $0.96

FISCAL 2015 HIGHLIGHTS

Net sales of $2.9 billion increased 4.4% over the prior year GAAP diluted EPS of $3.74 and adjusted diluted EPS of... More