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MSC Industrial Direct Co., Inc.

MSC Industrial Accelerating Sales Growth and Positive Tone Bode Well for Shares

MSC Industrial Accelerating Sales Growth and Positive Tone Bode Well for Shares

Accelerating sales growth, an EPS beat, and positive management tone drove MSC Industrial shares up nearly 5%. EPS were $0.02 ahead of the Street, although the bar was low due to weather fears. The headline was accelerating organic sales growth in March to 10% and guidance for 7%-9% growth in the fiscal third quarter. Management said

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