From RTT News:

MSC Industrial Supply Co. (MSM) reported a decline in first-quarter net income to $69.4 million from $81.3 million last year. EPS dropped to $1.22 from $1.45, and adjusted EPS declined to $1.25 from $1.48. Analysts had expected a profit per share of $1.31 for the quarter, but the company fell short.

First quarter net sales decreased 0.4% to $954.0 million from the previous year. This was lower than the estimated revenue of $972.06 million. For more earnings news and stock information, visit rttnews.com. Contact [email protected] for comments and feedback.



Read more: MSC Industrial Supply Q1 Net Income Declines