MSC Industrial Reports Fiscal 2021 Second Quarter Results News provided by Share this article FISCAL 2021 Q2 HIGHLIGHTS Net sales of $774.0 million, a 1.5% decrease from the prior year quarter Operating income of $28.0 million, or $80.5 million excluding $30.1 million in inventory write-downs, $21.6 million in restructuring costs, and $0.8 million in other charges 1 1 Adjusted diluted EPS of $1.03 vs. $1.02 in the prior year quarter 1 MSC INDUSTRIAL DIRECT CO., INC. (NYSE: MSM), "MSC Industrial" or the "Company", a leading North American distributor of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2021 second quarter ended February 27, 2021. Financial Highlights $18.1 $57.6 -4.9% 1 Represents a non-GAAP financial measure. An explanation and a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure are presented in schedules accompanying this press release.