Msc industrial supply co. reports fiscal 2023 second quarter results

Fiscal 2023 q2 highlights net sales of $961.6 million increased 11.5% yoy, 11 percentage points above the industrial production (ip) index operating income of $114.3 million, or $117.2 million adjusted to exclude acquisition-related costs, share reclassification proposal costs and restructuring and other costs1 operating margin of 11.9%, or 12.2% excluding the adjustments described above1 diluted eps of $1.41 vs. $1.25 in the prior fiscal year quarter adjusted diluted eps of $1.45 vs.
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