MSC Industrial (MSM) Misses Q2 EPS by 2c, Offers Q3 Guidance
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MSC Reports Fiscal 2019 Second Quarter Results
April 10, 2019 6:30 AM EDTMELVILLE, N.Y. and DAVIDSON, N.C., April 10, 2019 /PRNewswire/ --
FISCAL Q2 2019 HIGHLIGHTS
Net sales of $823.0 million, a 7.0% YoY increase Average daily sales increased 8.8% YoY, with 270 basis points of acquisitive growth Operating income of $96.0 million, a decrease of approximately 2.2% YoY Operating margin of 11.7% (11.9% excluding acquisitions*) Diluted EPS of $1.24