MSC Industrial Direct Co., Melville, NY, distributor of metalworking and MRO supplies to industrial customers, reported sales in the fiscal year 2008 were $1.778 billion, up 7.5% from the prior year. Profit for the year was $196.2 million , up from $173.9 million in fiscal 2007.
We are pleased with our performance in the fiscal 2008 fourth quarter, which completed another very strong year for MSC,”said David Sandler, president and CEO. “During the quarter we strongly executed on our plan to gain market share from smaller, less well capitalized competitors that cannot offer the same combination of product breadth, customer service, and financial strength as MSC. Those attributes become even more important to customers, both large and small, during challenging economic times, …
MSC Industrial Direct Sales in Fiscal 2008 Grow 7.5%
MSC Industrial Direct Co., Melville, NY, distributor of metalworking and MRO supplies to industrial customers, reported sales in the fiscal year 2008 were $1.778 billion, up 7.5% from the prior year. Profit for the year was $196.2 million , up from $173.9 million in fiscal 2007.
We are pleased with our performance in the fiscal 2008 fourth quarter, which completed another very strong year for MSC,”said David Sandler, president and CEO. “During the quarter we strongly executed on our plan to gain market share from smaller, less well capitalized competitors that cannot offer the same combination of product breadth, customer service, and financial strength as MSC. Those attributes become even more important to customers, both large and small, during challenging economic times, …
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