MSC Quarterly Sales Still Down Slightly Year-Over-Year, But

MSC Quarterly Sales Still Down Slightly Year-Over-Year, But Show Widespread Improvement


The company said it is already planning additional growth investments.
Apr 7th, 2021
Typically the first publicly-traded industrial distributor to report its quarterly earnings, MSC Industrial Supply's fiscal results tend to serve as a barometer for the health of the MRO and metalworking products sector within industrial distribution. And by that measure, those verticals appear to be nearly recovered to their pre-pandemic levels.
For the 13 weeks ended Feb. 27 (MSC's 2021 second quarter), the company reported total sales of $774 million, down 1.5 percent year-over-year (YoY) and up narrowly from $772 million in Q1 when they were down 6.3 percent YoY. Q1 average daily sales likewise were down 1.5 percent YoY.

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