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MSC Industrial Direct Co., Inc. Reports Results for Its Fiscal 2009 Fourth Quarter and Year.

Publication: Investment Weekly News
Publication Date: 07-NOV-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: MSC Industrial Direct Co., Inc. Reports Results for Its Fiscal 2009 Fourth Quarter and Year.(Financial report)

Article Excerpt
MSC INDUSTRIAL DIRECT CO., INC. (NYSE: MSM), "MSC" or the "Company," one of the largest direct marketers and premier distributors of Metalworking and Maintenance, Repair and Operations ("MRO") supplies to industrial customers throughout the United States, reported financial results for its fourth quarter and fiscal year ended August 29, 2009.

For the fiscal 2009 fourth quarter, net sales were $354.1 million, compared with $448.6 million in the prior year period. Fiscal 2009 fourth quarter operating income was $41.8 million, or 11.8% of net sales, compared with $78.1 million, or 17.4% of net sales, in the prior year period. For the fourth quarter of fiscal 2009, the Company reported net income of $26.0 million, compared with net income...

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