MSC Industrial Direct 2Q Sales Increase 12.7%
Industrial distributor MSC Industrial Direct
Co., Melville, NY, sales increased 12.7% to $305.9 million in the second quarter
of fiscal year 2006, compared with $271.4 million in the same period last
Profit for the second quarter rose 21.6% to
$33.3 million versus $27.4 million a year ago.
For the first half of fiscal
2006, the MSC's sales rose 12.6% to $601.8 million, compared with sales of
$534.7 million a year ago. Profit in the fiscal 2006 six-month period was $65.3
million compared with $53.4 million in the year-ago period, an increase of 22.2%
"We are very pleased with the
results for the second quarter of fiscal 2006," stated David Sandler, president
and CEO. "We saw balanced ...