Msc industrial supply co. reports fiscal 2024 second quarter results

Fiscal 2024 q2 highlights net sales of $935.3 million decreased 2.7% yoy, 290 basis points below the industrial production (ip) index operating income of $91.2 million, or $97.8 million adjusted to exclude restructuring and other costs as well as acquisition-related costs1 operating margin of 9.7%, or 10.5% excluding the adjustments described above1 diluted eps of $1.10 vs. $1.41 in the prior fiscal year quarter adjusted diluted eps of $1.18 vs.
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