MSC Industrial Direct, Inc., Melville, NY, distributor of MRO supplies to industrial customers in the U.S., reported sales for the fiscal 2006 were $1.32 billion, a 19.8% increase over fiscal 2005. Profit was $136.4 million, an increase of 21.5%. Results are for fiscal year 2006 ended Aug. 26, 2006.
Net sales for the fourth quarter were $385.9 million, an increase of 39.4% from $276.8 million in the fiscal 2005 fourth quarter. J & L Industrial Supply contributed $67.9 million in sales in the fourth quarter. Profit for the fourth quarter rose 21% to $34.1 million versus $28.2 million in the year-ago period.
'This was an excellent year for MSC that concluded with another strong quarter for our Company, id=bwanpa11>' stated David Sandler, president and CEO. ...
MSC Industrial Direct, Inc., Melville, NY, distributor of MRO supplies to industrial customers in the U.S., reported sales for the fiscal 2006 were $1.32 billion, a 19.8% increase over fiscal 2005. Profit was $136.4 million, an increase of 21.5%. Results are for fiscal year 2006 ended Aug. 26, 2006.
Net sales for the fourth quarter were $385.9 million, an increase of 39.4% from $276.8 million in the fiscal 2005 fourth quarter. J & L Industrial Supply contributed $67.9 million in sales in the fourth quarter. Profit for the fourth quarter rose 21% to $34.1 million versus $28.2 million in the year-ago period.
'This was an excellent year for MSC that concluded with another strong quarter for our Company, id=bwanpa11>' stated David Sandler, president and CEO. ...
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