MSC Industrial (MSM) Tops Q4 EPS by 4c
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MSC Reports Fiscal 2016 Fourth Quarter And Full Year Results
November 1, 2016 6:45 AM EDTMELVILLE, N.Y. and DAVIDSON, N.C., Nov. 1, 2016 /PRNewswire/ --
FISCAL Q4 2016 HIGHLIGHTS
Net sales of $745.1 million, increased 2.4% year-over-year (3.6% decline on an Average Daily Sales basis) Gross margin of 44.8% reflecting continued stabilization in an ongoing difficult environment Operating margin of 13.3% resulting from cost containment and ongoing monitoring of discretionary spend GAAP diluted EPS of $1.02FISCAL 2016 HIGHLIGHTS
Net sales of $2.9 billion decreased 1.6% over the prior year (3.5% decline on an ADS basis) GAAP diluted EPS of $3.77MSC INDUSTRIAL SUPPLY CO.... More
