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United States

MSC Industrial Direct Co Inc (MSM.N)

MSM.N on New York Stock Exchange

80.00USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

MSC Industrial Direct Co-Expects FY 2019 First Quarter Average Daily Sales Growth To Be Slightly Above Midpoint Of Range Of Earlier Guidance
Thursday, 13 Dec 2018 08:15am EST 

Dec 13 (Reuters) - MSC Industrial Direct Co Inc ::MSC INDUSTRIAL DIRECT CO INC - EXPECTS FY 2019 FIRST QUARTER AVERAGE DAILY SALES GROWTH TO BE SLIGHTLY ABOVE MIDPOINT OF RANGE OF EARLIER GUIDANCE.  Full Article

MSC Industrial Direct Co Says On Oct 29, Entered Termination Agreement With Mitchell Jacobson, Erik Gershwind &3 Beneficial Owners Of Class B Common Stock
Thursday, 1 Nov 2018 05:58pm EDT 

Nov 1 (Reuters) - MSC Industrial Direct Co Inc ::MSC INDUSTRIAL DIRECT CO-ON OCT 29, ENTERED TERMINATION AGREEMENT WITH MITCHELL JACOBSON, ERIK GERSHWIND &3 BENEFICIAL OWNERS OF CLASS B COMMON STOCK.MSC INDUSTRIAL DIRECT CO- UNDER TERMINATION AGREEMENT, ALL RIGHTS & OBLIGATIONS UNDER STOCK PURCHASE AGREEMENT ARE TERMINATED.MSC INDUSTRIAL DIRECT CO- UNDER TERMINATION AGREEMENT, OBLIGATIONS OF PARTIES TO PURCHASE AND SELL SHARES IN OCTOBER 2018 REMAIN IN EFFECT.  Full Article

MSC Declares 9% Increase In Regular Quarterly Dividend
Thursday, 18 Oct 2018 04:15pm EDT 

Oct 18 (Reuters) - MSC Industrial Direct Co Inc ::MSC DECLARES 9% INCREASE IN REGULAR QUARTERLY DIVIDEND.INCREASES QUARTERLY CASH DIVIDEND BY 9 PERCENT TO $0.63PER SHARE.  Full Article

MSC Provides Update On Its Share Repurchase Program
Thursday, 26 Jul 2018 08:30am EDT 

July 26 (Reuters) - MSC Industrial Direct Co Inc ::MSC PROVIDES UPDATE ON ITS SHARE REPURCHASE PROGRAM.MSC PROVIDES UPDATE ON ITS SHARE REPURCHASE PROGRAM.MSC INDUSTRIAL DIRECT - ENTERED INTO STOCK PURCHASE AGREEMENT WITH HOLDERS OF CLASS B COMMON STOCK TO PURCHASE A PRO RATA NUMBER OF SHARES.MSC INDUSTRIAL DIRECT-AGREEMENT WITH HOLDERS OF CLASS B COMMON STOCK SUCH THAT THEIR AGGREGATE PERCENT OWNED IN CO WOULD REMAIN SUBSTANTIALLY SAME.  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