MSC Industrial reports Q2 adjusted EPS 82c, consensus 84c

Reports Q2 revenue $917.77M, consensus $931.83M. Martina McIsaac, president and CEO, said, “I am encouraged by our performance which resulted in year-over-year operating margin expansion for the second consecutive quarter. While we have not yet seen volumes return to a positive trend, our Core Customer daily sales outperformed total company for the third consecutive quarter, and we expect our volume performance to improve throughout the remainder of the fiscal year.”