MSC Industrial (MSM) Misses Q3 EPS by 1c, Revenues Miss; Offers 4Q EPS/Revenue Outlook Below Consensus
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MSC Reports Fiscal 2018 Third Quarter Results
July 11, 2018 6:45 AM EDTMELVILLE, N.Y. and DAVIDSON, N.C., July 11, 2018 /PRNewswire/ --Â
Fiscal Q3 2018 Highlights
Net sales of $828.3 million, an 11.3% YoY increase, with approximately 500 basis points of acquisitive growth Operating income of $115.4 million, an increase of approximately 13.4% YoY Operating margin of 13.9% (14.5% excluding acquisitions*, an 80-basis point expansion YoY) Diluted EPS of $1.39, $0.01 above the guidance midpoint which did not include $0.02 of dilution from the AIS acquisition, versus... More