MARKET COMPOSITE
MSM - MSC Industrial Direct Co., Inc.8:00:02 PM 4/19/2024
Price
$92.46
+ 1.02 (1.12%)
MSC Industrial Direct Co., Inc , through its subsidiaries, primarily, MSC Industrial Supply Co., is an American company, it is one of the largest industrial equipment distributors in the world. MSC is most famous for publishing "The Big Book", a catalog totaling over 3,000 pages detailing the company's products, which currently number over 1 million. MSC was founded in 1941 as "Sid Tool, Inc.", by Sidney Jacobson, in New York's Little Italy. It originally sold cutting tools and accessories to New York City machine shops. The company later moved its headquarters to Plainview, NY. In 1970 Manhattan Supply Company was acquired and in 1998, moved to its current headquarters in Melville, New York. The company currently operates from five regional Customer Fulfillment Centers and 85 branch offices. On June 8, 2006, MSC completed the acquisition of J & L America, Inc. DBA J & L Industrial Supply , a subsidiary of Kennametal, for $349.5 million.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue935.3MM-2%
Gross Profit388.6MM-1%
Cost Of Revenue546.7MM-3%
Operating Income91.2MM-10%
Operating Expenses291.2MM+0%
Net Income61.8MM-11%
Interest Expense7MM+31%
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