UPDATE: MSC Industrial (MSM) Reports Q2 EPS of $1.04, Offers Q3 Guidance

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MSC Reports Fiscal 2018 Second Quarter Results

April 10, 2018 6:45 AM EDT

MELVILLE, N.Y. and DAVIDSON, N.C., April 10, 2018 /PRNewswire/ --

FISCAL Q2 2018 HIGHLIGHTS

Net sales of $769 million, a 9.3% YoY increase, with approximately 430 basis points of acquisitive growth Operating income of $98.1 million, an increase of approximately 13.2% YoY Operating margin of 12.8%, a 50 basis point expansion YoY Diluted EPS of $2.06, which includes one-time tax adjustments, versus $0.93 in the prior year quarter

MSC INDUSTRIAL SUPPLY CO. (NYSE:... More