The company reported a year-over-year sales decline but sequential improvement, and its March achieved the company’s best average daily sales in 19 months.
MSC Industrial 3Q Profit Falls 21% Despite Margin Uptick Read More »
The company reported a decline in 2Q sales, impacted by a challenging operating environment and a cautious outlook despite progress in initiatives.
MSC’s Sales Slide Deepens Amid Lower Industrial Demand in Dec-Feb Read More »
The figures showed a decline in sales driven by lower volumes, partially offset by acquisition benefits and a stronger than expected November.
MSC Ends Sept-Nov Period on High Note Despite Broader Sales & Margin Declines Read More »
Although sales decreased, the full-year gross margin increased by 70 basis points compared to the previous year, reaching 41.2%.
MSC Sees Steep 4Q Profit Slide as Sales Fall 8% Read More »
MSC’s current COO, with over 23 years of experience in various sales, marketing and operations, adds president to her role.
MSC Industrial COO Promoted to Company President Read More »
Rob Aarnes — President of ADI Global Distribution — joins MSC’s board of directors as an independent member.
MSC Industrial Appoints ADI President as Independent Board Member Read More »
The Melville, New York-based MRO product and service distributor first announced its reclassification plan in June.
MSC Shareholders Approve Elimination of Dual-Class Structure Read More »
“The tone on the ground is one of leveling rather than significant declines,” said MSC CEO Erik Gershwind during a June 29 3Q earning call.
MSC Voices ‘Leveling’ Market Tone Read More »
MSC has agreed to be the exclusive eCommerce distributor for digital software platform MachiningCloud.
MSC Inks eCommerce Deal with MachiningCloud Read More »
Simultaneously, the company’s current supply chain leader will transition responsibilities ahead of his planned retirement.
MSC Adds Former Hilti Exec as COO Read More »
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
All Integrated Solutions, a division of MSC Industrial Supply Co. moved into a distribution center near Minneapolis and Saint Paul, Minnesota.
AIS Opens New Distribution Center Read More »
MRO distributor reported net sales of $831 million during its fiscal fourth quarter of 2021, an increase over the same period in 2020.
MSC 4Q Sales Up 11% Over Last Year Read More »
New York-based MRO Distributor Promotes Kim Shacklett to senior vice president of sales & customer success.
MSC Announces New Interim Senior VP Read More »
Despite a dip in PPE sales, MSC’s quarterly profit was $94.4 million, a 21.5% increase compared to the same quarter a year ago.
MSC’s Sales Increase 3.8% in Fiscal 3Q Read More »
MSC Industrial Supply CEO Erik Gershwind details how his company pivoted from being a legacy spot-buy company into becoming a mission-critical partner for its customers.
MSC Industrial Supply Pushes Forward on Transformation Read More »
Distributor will move to a smaller location with more employees working from home.
MSC Industrial Supply Co. Relocates Customer Support Center Read More »
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