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MSC Industrial Direct Co. Inc. (NYSE: MSM), Melville, NY, reported sales for the fiscal 2018 first quarter ended Dec. 2 of $768.6 million, an increase of 12 percent compared to the same period a year ago. Profit during the quarter was $59.6 million, an increase of 9.8 percent compared to the same period a year ago.
The environment remained solid in the first fiscal quarter, and our own business reflected this momentum, with growth rates improving or holding steady across all customer types," said President and CEO Erik Gershwind.