Msc industrial supply co. reports fiscal 2023 third quarter results

Fiscal 2023 q3 highlights net sales of $1,054.5 million increased 10.0% yoy (11.7% on an average daily sales basis), approximately 11 percentage points above the industrial production (ip) index operating income of $135.4 million, or $138.6 million adjusted to exclude share reclassification proposal costs and restructuring and other costs1 operating margin of 12.8%, or 13.1% excluding the adjustments described above1 diluted eps of $1.69 vs. $1.78 in the prior fiscal year quarter adjusted diluted eps of $1.74 vs.
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