MSC Industrial Direct Co Inc Class A
MSM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$74.00 | Smvmyx | Npkfwrv |
MSC Industrial Reported Fourth-Quarter Earnings in Line With Our Expectations
MSC Industrial closed out its fiscal fourth quarter on a solid note, growing average daily sales by approximately 14% year over year. Of that, acquired sales in the fourth quarter made up roughly 250 basis points. MSC recently acquired two regional distributors, Engman-Taylor ($60 million in annual sales) and Tower Fasteners ($35 million in annual sales).