February 21, 2017 4:35 PM ET

Trading Companies and Distributors

Company Overview of MSC Industrial Direct Co., Inc.

Company Overview

MSC Industrial Direct Co., Inc., together with its subsidiaries, markets and distributes various ranges of metalworking and maintenance, repair, and operations (MRO) products primarily in the United States, Canada, and the United Kingdom. The company’s MRO products comprise cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. It offers approximately 1,000,000 stock-keeping units through its master catalogs; weekly, monthly, and quarterly specialty and...

75 Maxess Road

Melville, NY 11747

United States

Founded in 1941

6,000 Employees

Phone:

516-812-2000

Key Executives for MSC Industrial Direct Co., Inc.

Chief Executive Officer, President and Director
Age: 45
Total Annual Compensation: $700.7K
Chief Financial Officer and Executive Vice President
Age: 56
Total Annual Compensation: $476.8K
Senior Vice President, General Counsel and Corporate Secretary
Age: 58
Total Annual Compensation: $386.2K
Chief Supply Chain Officer and Executive Vice President
Age: 52
Total Annual Compensation: $384.6K
Chief People Officer and Senior Vice President
Age: 48
Total Annual Compensation: $325.6K
Compensation as of Fiscal Year 2016.

MSC Industrial Direct Co., Inc. Key Developments

MSC Industrial Direct Co., Inc. Announces Unaudited Consolidated Earnings Results for First Quarter Ended December 3, 2016; Provides Earnings Guidance for the Second Quarter 2017

MSC Industrial Direct Co., Inc. announced unaudited consolidated earnings results for first quarter ended December 3, 2016. For the quarter, the company reported net sales of $686,271,000, income from operations of $90,600,000, income before provision for income taxes of $87,545,000, net income of $54,103,000, net income per common share: diluted of $0.95, net cash provided by operating activities of $75,435,000, expenditures for property, plant and equipment of $12,497,000 compared to the net sales of $706,819,000, income from operations of $90,388,000, income before provision for income taxes of $89,058,000, net income of $55,029,000, net income per common share: diluted of $0.89, net cash provided by operating activities of $122,110,000, expenditures for property, plant and equipment of $15,575,000 for the same quarter a year ago. Based on current market conditions, the company expects net sales for the second quarter of fiscal 2017 to be between $688 million and $701 million. At the midpoint, average daily sales are expected to increase roughly 1.5%, as compared to last year's second quarter. The Company expects diluted earnings per share for the fiscal second quarter 2017 to be between $0.86 and $0.90.

MSC Industrial Direct Co., Inc. to Report Q1, 2017 Results on Jan 11, 2017

MSC Industrial Direct Co., Inc. announced that they will report Q1, 2017 results at 8:30 AM, Eastern Standard Time on Jan 11, 2017

MSC Industrial Direct Co., Inc. Declares Regular Quarterly Dividend, Payable on January 24, 2017

MSC INDUSTRIAL SUPPLY CO. announced that its Board of Directors has declared a cash dividend of $0.45 per share. The $0.45 dividend is payable on January 24, 2017 to shareholders of record at the close of business on January 10, 2017. The ex-dividend date is January 6, 2017.

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Recent Private Companies Transactions

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Date
Target
Buyback
July 6, 2016
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Buyback
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