MSC Industrial (MSM) Tops Q3 EPS by 8c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/25/2026
- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- FDA approves Tylenol with Naproxen as first OTC combo pain reliever
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Nasdaq lags on angst over AI spending ahead of earnings reports
MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2022 THIRD QUARTER RESULTS
June 29, 2022 6:30 AM EDTFISCAL 2022 Q3 HIGHLIGHTS
Net sales of $958.6 million, an increase of 10.7%, compared to the prior fiscal year quarterGross margin of 42.9% vs. 42.3% in the prior fiscal year quarterStrong operating margin of 14.3%, or 14.6% excluding restructuring, acquisition-related and other costs1,2Diluted EPS of $1.78 vs. $1.68 in the prior fiscal year quarter, a 6.0% increaseAdjusted diluted EPS of $1.82 vs. $1.42 in the prior fiscal year quarter, a 28.2% increase1Company expects double digit average daily sales growth to continue in fiscal Q4MELVILLE, N.Y. and DAVIDSON,... More
