MSC Industrial reports Q2 adjusted EPS 72c, consensus 72c

Reports Q2 revenue $891.72M, consensus $908.3M. Erik Gershwind, CEO, said, “During our fiscal second quarter, we continued expanding our solutions footprint, maintained momentum in the Public Sector, and completed important milestones in reenergizing our core customer growth rate. This included launching our website upgrades and an enhanced marketing campaign. Amid a challenging operating environment with industrial demand at low levels, we generated solid results that landed within our guidance range.”