MSC Industrial Supply’s Fiscal 2012 Sales Up 16.5%

Fourth-quarter sales for MSC were up 19.1%.

MSC Industrial Direct Co. Inc. (NYSE: MSM), Melville, NY, No. 11 on MDM's list of the top 40 industrial distributors, reported sales for its fiscal 2012 full year were up 16.5 percent to $2.36 billion. Average daily sales for the year were up 14.3 percent. Profit for the year was $259 million.

\"TheDownload a Free Chapter:
The Little Black Book of Strategic Planning for Distributors

Submit your email address below to receive a chapter of Brent Grover’s new book. When you submit your email you will be signed up to receive weekly distribution news updates.


Sales for the fourth quarter of fiscal 2012 were $635.3 million, an increase of 19.1 percent over the prior-year period. Average daily sales for the period grew 10.4 percent. Profit was $68.9 million.

"Despite an increasingly difficult demand environment, we delivered solid results in the fourth quarter and for the year,” said Erik Gershwind, president and COO. “I was encouraged by our gross margin performance, cost containment focus and our team's strong execution of the growth initiatives that will position us for the future.

"While visibility remains limited in an uncertain near-term environment, we are cautiously optimistic about an improved environment in 2013, as clarity replaces uncertainty. We remain confident in our march towards the revenue goal of $4 billion by 2016 and in our ability to take disproportionate market share in any economic environment."

About the Author
Recommended Reading
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.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.