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MSC Industrial Direct Co Inc (MSM.N)

MSM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MSC Industrial Direct Co Says On Oct 29, Entered Termination Agreement With Mitchell Jacobson, Erik Gershwind &3 Beneficial Owners Of Class B Common Stock
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - MSC Industrial Direct Co Inc ::MSC INDUSTRIAL DIRECT CO-ON OCT 29, ENTERED TERMINATION AGREEMENT WITH MITCHELL JACOBSON, ERIK GERSHWIND &3 BENEFICIAL OWNERS OF CLASS B COMMON STOCK.MSC INDUSTRIAL DIRECT CO- UNDER TERMINATION AGREEMENT, ALL RIGHTS & OBLIGATIONS UNDER STOCK PURCHASE AGREEMENT ARE TERMINATED.MSC INDUSTRIAL DIRECT CO- UNDER TERMINATION AGREEMENT, OBLIGATIONS OF PARTIES TO PURCHASE AND SELL SHARES IN OCTOBER 2018 REMAIN IN EFFECT.  Full Article

MSC Declares 9% Increase In Regular Quarterly Dividend
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - MSC Industrial Direct Co Inc ::MSC DECLARES 9% INCREASE IN REGULAR QUARTERLY DIVIDEND.INCREASES QUARTERLY CASH DIVIDEND BY 9 PERCENT TO $0.63PER SHARE.  Full Article

MSC Provides Update On Its Share Repurchase Program
Thursday, 26 Jul 2018 

July 26 (Reuters) - MSC Industrial Direct Co Inc ::MSC PROVIDES UPDATE ON ITS SHARE REPURCHASE PROGRAM.MSC PROVIDES UPDATE ON ITS SHARE REPURCHASE PROGRAM.MSC INDUSTRIAL DIRECT - ENTERED INTO STOCK PURCHASE AGREEMENT WITH HOLDERS OF CLASS B COMMON STOCK TO PURCHASE A PRO RATA NUMBER OF SHARES.MSC INDUSTRIAL DIRECT-AGREEMENT WITH HOLDERS OF CLASS B COMMON STOCK SUCH THAT THEIR AGGREGATE PERCENT OWNED IN CO WOULD REMAIN SUBSTANTIALLY SAME.  Full Article

MSC Industrial Direct Q1 Earnings Per Share $1.05
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - MSC Industrial Direct Co Inc ::SAYS BOARD APPROVES ADDITIONAL 2 MILLION SHARE REPURCHASE AUTHORIZATION.Q2 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $773.3 MILLION -- THOMSON REUTERS I/B/E/S.MSC REPORTS FISCAL 2018 FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $1.05.SEES Q2 2018 EARNINGS PER SHARE $1.00 TO $1.04 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE VIEW $1.06 -- THOMSON REUTERS I/B/E/S.MSC INDUSTRIAL DIRECT - AFTER YEARS OF A WEAK PRICING ENVIRONMENT, MANY SUPPLIERS HAVE NOW RAISED LIST PRICES, AND EXPECT TO FOLLOW SUIT IN NEAR-TERM.- CUSTOMER SENTIMENT AND INDUSTRY INDICES ARE POSITIVE, POINTING TO CONTINUED U.S. MANUFACTURING GROWTH PROSPECTS.MSC INDUSTRIAL - SEE RECENT TAX REFORM AS A SIGNIFICANT TAILWIND NOT JUST FOR CO'S EPS, BUT ALSO FOR CUSTOMERS & BROADER MANUFACTURING ECONOMY IN COMING YRS.- FOR Q2 2018, AT MIDPOINT, AVERAGE DAILY SALES ARE EXPECTED TO INCREASE ROUGHLY 9.1%.  Full Article

MSC Declares 21% Increase In Regular Quarterly Dividend
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Msc Industrial Direct Co Inc ::MSC DECLARES 21% INCREASE IN REGULAR QUARTERLY DIVIDEND.MSC INDUSTRIAL DIRECT CO INC - BOARD DECLARED CASH DIVIDEND OF $0.58 PER SHARE, 21% INCREASE FROM PREVIOUS REGULAR QUARTERLY DIVIDEND.  Full Article

MSC Q4 earnings per share $1.07
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - MSC Industrial Direct Co Inc ::MSC reports fiscal 2017 fourth quarter and full year results.Q4 earnings per share $1.07.Q4 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.Sees Q1 2018 sales $762 million to $776 million.Sees Q1 2018 sales up about 8 percent.Qtrly ‍net sales of $753.8 million, an increase of 1.2 pct year-over-year​.MSC Industrial Direct Co Inc - ‍ excluding DECO, company expects net sales for Q1 of fiscal 2018 to be between $734 million and $748 million​.MSC Industrial Direct Co Inc - ‍ expects diluted earnings per share for Q1 of fiscal 2018, including and excluding DECO, to be between $1.03 and $1.07​.MSC - ‍"expect to continue growing earnings and expanding operating margins, particularly if early signs of price inflation materialize in 2018"​.  Full Article

MSC Industrial declares 6.7 pct increase in quarterly dividend
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - MSC Industrial Direct Co Inc :MSC declares 6.7% increase in regular quarterly dividend.MSC industrial direct-‍board declared dividend of $0.48 per share, representing a 6.7% increase from $0.45 per share, in regular quarterly dividend​.  Full Article