6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Headquarters: Melville, NY
2014 Revenues: $2.8 billion
Change in Sales from 2013: 13.4%
Key Executives: Erik Gershwind, president & CEO; Jeffrey Kaczka, EVP & CFO
E-commerce continues to drive sales growth for MSC Industrial Supply. E-commerce – which for MSC includes all sales through electronic channels, not just through the company's website, although the website makes up the largest portion of e-commerce sales – accounted for more than half of the distributors' sales in fiscal 2014.
The start of 2015 was a bit more challenging, but in spite of a tougher demand environment created by the rapid drop in oil prices, softening export market and poor weather, MSC managed a sales increase of 6.8 percent in its fiscal second quarter. National accounts in government grew at a "double-digit pace," President and CEO Erik Gershwind said in a call to discuss the quarterly results.
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