MSC Industrial Income Rises More Than 21%

MSC Industrial Direct Co. Inc. posted net income of $40.5 million for the second quarter, a 21.5% increase over $33.3 million in the year-ago period.

The Melville, NY firm reported net sales of $404.6 million for the quarter ended Feb. 24, a 32.3% gain over net sales of $305.9 million last year.