The 2020 Mid-Year Economic Update_long

MSC Industrial Sales Grow 13.4% in Fiscal 2010

Fourth-quarter sales were up 30.3% for MSC.

MSC Industrial Direct Co. Inc., Melville, NY, (NYSE: MSM), MRO distributor and No. 13 on MDM's list of the top 40 industrial distributors, reported sales for the fourth quarter fiscal 2010 were up 30.3 percent to $461.4 million. Profit was $44.1 million, up from $26 million in the prior-year period.

We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.


For fiscal 2010, sales were $1.69 billion, compared with $1.49 billion in 2009, up 13.4 percent. Profit for the year was $150.4 million.

David Sandler, President and CEO, said: “By investing in our Company throughout the downturn, we have taken advantage of a unique opportunity to grow our business at an accelerated pace as market conditions return to more normalized levels. Our investment program has produced a large and growing value gap between MSC and our smaller, less well competitors that has contributed to our momentum and that we will continue to leverage going forward.”

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By :