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MSC Industrial reports Q3 adjusted EPS $1.08, consensus $1.03

Reports Q3 revenue $971.15M, consensus $969.19M. Erik Gershwind, CEO, said, “We delivered fiscal third quarter results that were in line with our expectations for both average daily sales and operating margins. While we certainly have plenty of room for improvement, we saw early signs of progress in each of our three critical strategic areas of focus – reenergizing the core customer, maintaining momentum in high-touch solutions, and optimizing our cost to serve.”

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