MSC Industrial (MSM) Tops Q2 EPS by 1c

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MSC Industrial Reports Fiscal 2021 Second Quarter Results

April 7, 2021 6:30 AM EDT

MELVILLE, N.Y. and DAVIDSON, N.C., April 7, 2021 /PRNewswire/ --

FISCAL 2021 Q2 HIGHLIGHTS

Net sales of $774.0 million, a 1.5% decrease from the prior year quarter Operating income of $28.0 million, or $80.5 million excluding $30.1 million in inventory write-downs, $21.6 million in restructuring costs, and $0.8 million in other charges1 Operating margin of 3.6%, or 10.4%... More