MSC Industrial Reports 0.8% Sales Decline, Beats EPS Estimates
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币界网报道：MSC Industrial reported a 0.8% year-over-year sales decline in its latest quarter but surpassed earnings per share (EPS) estimates. The industrial distributor posted net sales of $935 million, slightly below analyst expectations, while adjusted EPS of $1.43 beat consensus forecasts. Management cited ongoing macroeconomic challenges and softer demand in certain end markets as factors impacting sales performance. The company maintained its focus on cost controls and operational efficiency, contributing to the earnings outperformance. MSC Industrial reaffirmed its full-year guidance, projecting modest sales growth and stable margins despite persistent market uncertainties.
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