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MSC Industrial Direct Company Inc. Profit Falls In Q2

MSC Industrial Direct Company Inc. (MSM) announced a profit for second quarter that dropped from last year.

The company's earnings totaled $68.42 million, or $1.24 per share. This compares with $117.55 million, or $2.06 per share, in last year's second quarter.

The company's revenue for the quarter rose 7.0% to $823.00 million from $768.99 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q2): $68.42 Mln. vs. $117.55 Mln. last year.
-EPS (Q2): $1.24 vs. $2.06 last year.
-Revenue (Q2): $823.00 Mln vs. $768.99 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.46 - $1.52
Next quarter revenue guidance: $874 - $891 Mln

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