Headline

MSC Industrial Direct: The B-to-B cataloger of metalworking and maintenance, repair and operational supplies posted net sales for the fourth quarter of its fiscal 2007 of $450.5 million, compared to net sales of $385.9 million for the same quarter last year, an increase of 16.7 percent. Net income in the fiscal 2007 fourth quarter rose 39 percent to $47.4 million, vs. $34.1 million last year. Net sales for the fiscal 2007 full-year period increased 28.1 percent to $1.7 billion, from $1.3 billion a year ago. Net income for the fiscal 2007 full-year period totaled $173.9 million, an increase of 27.5 percent over net income of $136.4 million last year.