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MSC Industrial Direct Co Inc (MSM.N)

MSM.N on New York Stock Exchange

67.84USD
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

MSC Industrial reports fiscal 2017 third quarter results
Wednesday, 12 Jul 2017 06:45am EDT 

July 12 (Reuters) - MSC Industrial Direct Co Inc :MSC reports fiscal 2017 third quarter results.Sees q4 2017 earnings per share $0.97 to $1.01.Q3 earnings per share $1.09.Q3 sales $743.9 million versus I/B/E/S view $745.4 million.Q3 earnings per share view $1.09 -- Thomson Reuters I/B/E/S.Sees q4 2017 sales $732 million to $746 million.Q4 earnings per share view $1.06, revenue view $735.7 million -- Thomson Reuters I/B/E/S.MSC Industrial Direct Co - ‍at midpoint, q4 average daily sales are expected to increase roughly 7 percent compared to last year's q4​.MSC Industrial Direct Co - fiscal q3 average daily sales increased by 3.8 percent.  Full Article

MSC Industrial Direct says entered new $600 mln credit facility
Tuesday, 18 Apr 2017 10:50am EDT 

April 18 (Reuters) - MSC Industrial Direct Co Inc ::New credit facility replaces co's existing $650 million credit facility - SEC filing.On April 14, co entered into new $600 million credit facility pursuant to credit agreement dated as of April 14, 2017- SEC filing.New credit facility matures on April 14, 2022 - SEC filing.New credit facility permits up to $50 million to be used to fund letters of credit.New credit facility provides for a five-year unsecured revolving loan facility in aggregate amount of $600 million.New facility permits co to request incremental term loan facilities, up revolving loan commitments in amount not to exceed $300 million.  Full Article

MSC Industrial Direct Co Q2 earnings per share $0.93
Thursday, 6 Apr 2017 06:45am EDT 

MSC Industrial Direct Co Inc : MSC reports fiscal 2017 second quarter results . Sees q3 2017 earnings per share $1.05 to $1.09 . Q2 sales $703.8 million versus i/b/e/s view $696 million . Sees q3 2017 sales $734 million to $748 million . Q2 earnings per share $0.93 . Q2 earnings per share view $0.90 -- Thomson Reuters I/B/E/S . MSC Industrial Direct Co - at midpoint, average daily sales for q3 are expected to increase roughly 3.5 percent compared to last year's q3 . Q3 revenue view $738.5 million -- Thomson Reuters I/B/E/S .Q3 earnings per share view $1.09 -- Thomson Reuters I/B/E/S.  Full Article

MSC Industrial Direct Co declares 4.7% increase in regular quarterly dividend
Thursday, 27 Oct 2016 04:05pm EDT 

MSC Industrial Direct Co Inc : Msc declares 4.7% increase in regular quarterly dividend .Increases quarterly cash dividend by 4.7 percent to $0.45per share.  Full Article

MSC Industrial Direct commences tender offer for Class A stock
Thursday, 7 Jul 2016 09:00am EDT 

MSC Industrial Direct Co Inc : Commenced tender offer for Class A common stock at a price per share not less than $66.00 and not greater than $72.50 . Tender offer will expire at 5:00 p.m., New York City time, on August 4, 2016 .Commenced "modified Dutch auction" tender offer for up to $300 million of Class A shares.  Full Article

Msc Industrial Direct Co Inc declares regular quarterly dividend
Wednesday, 16 Dec 2015 04:15pm EST 

Msc Industrial Direct Co Inc:Board of Directors has declared a cash dividend of $0.43 per share.Payable on January 26, 2016 to shareholders of record at the close of business on January 12, 2016.Ex-dividend date is January 8, 2016.  Full Article

Msc Industrial Direct Co Inc declares 7.5% increase in regular quarterly dividend
Wednesday, 21 Oct 2015 05:54pm EDT 

Msc Industrial Direct Co Inc:Declared a cash dividend of $0.43 per share, representing a 7.5% increase from $0.40 per share, in the regular quarterly dividend.Says $0.43 dividend is payable on November 24, 2015 to shareholders of record at the close of business on November 10, 2015.  Full Article

BRIEF-MSC Industrial Supply Co acquires Deco Tool Supply Co

* MSC Industrial Direct Co Inc - transaction was completed on July 31, 2017 Source text for Eikon: Further company coverage: