Market Overview

Recap: MSC Industrial Direct Q4 Earnings

Share:

Shares of MSC Industrial Direct Co (NYSE:MSM) remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 16.15% year over year to $1.09, which beat the estimate of $0.96.

Revenue of $747,732,000 decreased by 11.27% from the same period last year, which missed the estimate of $750,720,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 27, 2020

Time: 08:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1037/37490

Recent Stock Performance

Company's 52-week high was at $79.87

Company's 52-week low was at $44.93

Price action over last quarter: Up 3.22%

Company Overview

MSC Industrial Direct is a value-added industrial distributor with a focus on metalworking and maintenance, repair, and operations products and services. The company offers 1.7 million products through a distribution network of almost 100 branches and 12 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, the company primarily operates in the United States. In fiscal 2019, 96% of the firm's $3.4 billion of sales was generated in the U.S.

 

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