MSC Industrial Direct Clocks 11% Revenue Growth In Q3
MSC Industrial Direct Co Inc (NYSE:MSM) reported third-quarter FY22 sales growth of 10.7% year-over-year to $958.6 million, missing the consensus of $960.52 million. Gross margin expanded 60 bps to 42.9%. Operating income increased 6.4% Y/Y to $136.8 million, and margin contracted by 50 bps to 14.3%, while adjusted operating margin expanded by…
Benzinga ·