MSC Industrial (MSM) Tops Q2 EPS by 7c
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MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2022 SECOND QUARTER RESULTS
March 30, 2022 6:30 AM EDTFISCAL 2022 Q2 HIGHLIGHTS
Net sales of $862.5 million, an increase of 11.4% (7.9% on an average daily sales basis) compared to the prior fiscal year quarterGross margin of 42.5% vs. 38.1%, or 42.0% on an adjusted basis in the prior fiscal year quarter1Operating margin of 11.3%, or 11.6% excluding restructuring and other costs1,2Diluted EPS of $1.25 vs. $0.32 in the prior fiscal year quarterAdjusted diluted EPS of $1.29 vs. $1.03 in the prior fiscal year quarter, a 25.2% increase1MELVILLE, N.Y. and DAVIDSON, N.C.,... More
