MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

More From Mdm

MSC Launches Search for New Sales Exec

MSC’s Sales Up 8%

Industrial distributor MSC Industrial Supply Co. (NYSE: MSM), Melville, NY, reported sales of $831.6 million for the fiscal first quarter of 2019, ended December 1, 2018, an 8.2 percent increase over the same period a year ago. Net income for the quarter rose 25 percent to $74.2 million, the company said.

President and CEO Erik Gershwind credited the strong economy for the results, citing growth with core customers and national accounts. He also pointed to the recent uncertainty clouding the economic horizon due to trade issues and the government shutdown. He said the company’s acquisition of AIS last spring is going according to plan and “delivering solid top line growth.”

 

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center