MSC – MSC Industrial Supply Co. Reports Fiscal 2024 First Quarter Results

January 9, 2024
MSC

FISCAL 2024 Q1 HIGHLIGHTS

 

  • Net sales of $954.0 million decreased 0.4% YoY, 10 basis points better than the Industrial Production (IP) Index
  • Operating income of $101.6 million, or $103.7 million adjusted to exclude share reclassification costs and restructuring and other costs1
  • Operating margin of 10.6%, or 10.9% excluding the adjustments described above1
  • Diluted EPS of $1.22 vs. $1.45 in the prior fiscal year quarter
  • …