MSC Industrial Direct Company Inc. revealed a climb in third-quarter profit. The company's bottom line totaled $80.36 million, or $1.44 per share, compared with $56.84 million, or $1.02 per share, in the same period last year. Excluding items, adjusted earnings were $79.88 million or $1.43 per share. Revenue rose 7.8% to $1.047 billion from $971.14 million a year earlier. The company provided next-quarter revenue guidance of 6.5% to 8.5% growth.
MSC Industrial Direct Company IncHigher Q3 profit and revenue beat, with positive guidance.