MSC Industrial Supply Co. (NYSE: MSM) last week reported fiscal 2022 1Q sales of $848.5 million, a 9.9% increase over the same period a year ago. The company reported average daily sales growth of nearly 500 basis points above Industrial Production Index and an operating income of $90.7 million for the period ending Nov. 27. […]
Category: MSC Industrial
MSC Partners With University
The University of Tennessee, Knoxville and MSC Industrial Supply Co. (NYSE: MSM) on Wednesday announced a new a public-private research partnership aimed at advancing machining. MSC’s metalworking specialists will work closely with undergraduate and graduate students and manufacturers to conduct research that will enable and drive innovation in smart manufacturing,” the company said. The Machine […]
MSC 4Q Sales Up 11% Over Last Year
MSC Industrial Supply Co. (NYSE: MSM), a North American MRO distributor, on Wednesday reported net sales of $831 million during its fiscal fourth quarter of 2021, an 11.1% increase over the same period in 2020. The financial results reflected its fiscal 2021 Q4 and full year ended August 28. The fiscal 2021 4Q had one […]
MSC Announces New Interim Senior VP
MSC Industrial Supply Co. (NYSE: MSM), a distributor of metalworking maintenance, repair and operations products based in Melville, New York, said Wednesday that Senior Vice President of Sales & Customer Success Edwin Martin has departed the company. Kim Shacklett will assume the role of interim VP in Martin’s absence. Shacklett joined MSC in 2006 as […]
