MSC Industrial Direct Co. Inc. posted net income of $45.8 million for the third quarter, a 23.6% gain over net income of $37 million in the prior year.
The maintenance supplies direct marketer reported net sales of $431.1 million for the quarter ended May 26, a 30.7% increase over $329.8 million last year.
The Melville, NY firm attributed 74% of its sales growth to J&L Industrial Supply, a direct marketer and distributor MSC acquired last year
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