Edition:
United States

MSC Industrial Direct Co Inc (MSM.N)

MSM.N on New York Stock Exchange

87.00USD
24 Sep 2018
Change (% chg)

$-1.62 (-1.83%)
Prev Close
$88.62
Open
$88.41
Day's High
$88.41
Day's Low
$86.94
Volume
4,337
Avg. Vol
115,538
52-wk High
$99.90
52-wk Low
$72.57

Latest Key Developments (Source: Significant Developments)

MSC Industrial Q2 Earnings Per Share $2.06
Tuesday, 10 Apr 2018 06:45am EDT 

April 10 (Reuters) - MSC Industrial Direct Co Inc ::MSC REPORTS FISCAL 2018 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $2.06.SEES Q3 2018 SALES $820 MILLION TO $835 MILLION.Q2 EARNINGS PER SHARE VIEW $1.31 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE $1.04 EXCLUDING ITEMS.Q2 SALES $769 MILLION VERSUS I/B/E/S VIEW $772 MILLION.SEES Q3 2018 AVERAGE DAILY SALES AT MIDPOINT UP ABOUT 7 PERCENT, EXCLUDING DECO .SEES Q3 2018 EARNINGS PER SHARE $1.37 TO $1.43, INCLUDING AND EXCLUDING DECO.AT MIDPOINT, AVERAGE DAILY SALES FOR Q3 ARE EXPECTED TO INCREASE ROUGHLY 11% COMPARED TO LAST YEAR'S Q3.EXCLUDING DECO, AVERAGE DAILY SALES AT MIDPOINT FOR Q3 EXPECTED TO INCREASE ROUGHLY 7% COMPARED TO LAST YEAR'S Q3.EXCLUDING DECO, CO EXPECTS NET SALES FOR Q3 OF FISCAL 2018 TO BE BETWEEN $789 MILLION AND $803 MILLION.  Full Article

MSC Industrial Direct Q1 Earnings Per Share $1.05
Wednesday, 10 Jan 2018 06:45am EST 

Jan 10 (Reuters) - MSC Industrial Direct Co Inc ::SAYS BOARD APPROVES ADDITIONAL 2 MILLION SHARE REPURCHASE AUTHORIZATION.Q2 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $773.3 MILLION -- THOMSON REUTERS I/B/E/S.MSC REPORTS FISCAL 2018 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $1.05.SEES Q2 2018 EARNINGS PER SHARE $1.00 TO $1.04 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE VIEW $1.06 -- THOMSON REUTERS I/B/E/S.MSC INDUSTRIAL DIRECT - AFTER YEARS OF A WEAK PRICING ENVIRONMENT, MANY SUPPLIERS HAVE NOW RAISED LIST PRICES, AND EXPECT TO FOLLOW SUIT IN NEAR-TERM.- CUSTOMER SENTIMENT AND INDUSTRY INDICES ARE POSITIVE, POINTING TO CONTINUED U.S. MANUFACTURING GROWTH PROSPECTS.MSC INDUSTRIAL - SEE RECENT TAX REFORM AS A SIGNIFICANT TAILWIND NOT JUST FOR CO'S EPS, BUT ALSO FOR CUSTOMERS & BROADER MANUFACTURING ECONOMY IN COMING YRS.- FOR Q2 2018, AT MIDPOINT, AVERAGE DAILY SALES ARE EXPECTED TO INCREASE ROUGHLY 9.1%.  Full Article

MSC Declares 21% Increase In Regular Quarterly Dividend
Wednesday, 3 Jan 2018 08:30am EST 

Jan 3 (Reuters) - Msc Industrial Direct Co Inc ::MSC DECLARES 21% INCREASE IN REGULAR QUARTERLY DIVIDEND.MSC INDUSTRIAL DIRECT CO INC - BOARD DECLARED CASH DIVIDEND OF $0.58 PER SHARE, 21% INCREASE FROM PREVIOUS REGULAR QUARTERLY DIVIDEND.  Full Article

MSC Q4 earnings per share $1.07
Tuesday, 31 Oct 2017 06:45am EDT 

Oct 31 (Reuters) - MSC Industrial Direct Co Inc ::MSC reports fiscal 2017 fourth quarter and full year results.Q4 earnings per share $1.07.Q4 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.Sees Q1 2018 sales $762 million to $776 million.Sees Q1 2018 sales up about 8 percent.Qtrly ‍net sales of $753.8 million, an increase of 1.2 pct year-over-year​.MSC Industrial Direct Co Inc - ‍ excluding DECO, company expects net sales for Q1 of fiscal 2018 to be between $734 million and $748 million​.MSC Industrial Direct Co Inc - ‍ expects diluted earnings per share for Q1 of fiscal 2018, including and excluding DECO, to be between $1.03 and $1.07​.MSC - ‍"expect to continue growing earnings and expanding operating margins, particularly if early signs of price inflation materialize in 2018"​.  Full Article

MSC Industrial declares 6.7 pct increase in quarterly dividend
Tuesday, 24 Oct 2017 05:26pm EDT 

Oct 24 (Reuters) - MSC Industrial Direct Co Inc :MSC declares 6.7% increase in regular quarterly dividend.MSC industrial direct-‍board declared dividend of $0.48 per share, representing a 6.7% increase from $0.45 per share, in regular quarterly dividend​.  Full Article

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