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Article: MSC Industrial Direct Co., Inc. Reports Results for Its Fiscal 2009 Fourth Quarter and Year.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
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MSC INDUSTRIAL DIRECT CO., INC. (NYSE: MSM), "MSC" or the "Company," one of the largest direct marketers and premier distributors of Metalworking and Maintenance, Repair and Operations ("MRO") supplies to industrial customers throughout the United States, reported financial results for its fourth quarter and fiscal year ended August 29, 2009.
For the fiscal 2009 fourth quarter, net sales were $354.1 million, compared with $448.6 million in the prior year period. Fiscal 2009 fourth quarter operating income was $41.8 million, or 11.8% of net sales, compared with $78.1 million, or 17.4% of net sales, in the prior year period. For the fourth quarter of fiscal 2009, ...