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MSC Industrial Direct Co Inc Issues Q4 2013 Guidance Below Analysts' Estimates

Wednesday, 10 Jul 2013 07:30am EDT 

MSC Industrial Direct Co Inc announced that for fourth quarter of 2013, it expects net sales including BDNA to be between $661 million and $673 million. At the midpoint, average daily sales exclusive of BDNA are expected to be flat. Excluding non-recurring costs related to the co-location of the Company's headquarters and non-recurring transaction and integration costs associated with BDNA, the Company expects adjusted diluted earnings per share (EPS) for the fourth quarter of 2013 to be between $0.87 and $0.91. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue $687 million and EPS of $1.01 for fourth quarter of 2013. 

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