MSC Industrial Directt (MSM) Reports In-Line Q4 EPS; Q1 Guidance Falls Short
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MSC Reports Fiscal 2015 Fourth Quarter and Full Year Results
October 27, 2015 7:01 AM EDTMELVILLE, 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 $0.96FISCAL 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