MSC Industrial Supply Co.

Voxx hits the gas as 3Q income, earnings spike

  VOXX INTERNATIONAL CORP. Headquarters: Hauppauge Industry: Consumer non-durables Nasdaq: VOXX Reporting Date: Jan. 9, 2018 Reporting Quarter: 3Q FY2018 Quarter Ended: Nov. 30, 2017 Numbers: Net third-quarter sales were reported as $156.6 million, down 0.5 percent from the $157.4 million reported for the third quarter of last fiscal year. But net income was reported as $8.6 million, a healthy 48.2 percent increase over the $5.8 million reported for 3Q FY2017. Diluted third-quarter earnings-per-share also…


No. 272: Stalin says hello, MSC Industrial rides the momentum and understanding why Central Islip needs two Marriotts

Well done: Congratulations, true believers – it’s Friday and you made it! For successfully completing 2018’s first five-day workweek, approximately 37 percent of you (according to a Bloomberg study) will now enjoy a three-day weekend. Seems U.S. businesses treat Martin Luther King Jr. Day, a federal holiday, about the same as President’s Day, insofar as paid vacations. (Schools, banks and stock markets get it right). All hail: However your weekend shapes up, today, Jan. 12,…


254: A strong 4th quarter, a new STREAM center, members-only beer club and 71 Michelin stars

NOVEMBER ALREADY!?!: Yep, it’s Nov. 1, also known as All Saints Day – a national salute to all the professional parents who double-time it on Oct. 31 to meet deadlines, file reports, run staff meetings, connect with customers, complete inventories and otherwise TCB so they can rush home to take their kids trick-or-treating. We’d like to tell you to go ahead and kick off early today, but you kind of did that yesterday, didn’t you?…


MSC Industrial eyes Midwest in metalworking merger

A Melville-based industrial equipment distributor has snapped up an Iowa-based industrial supplier. Terms of the deal were not officially disclosed, but multiple published reports have MSC Industrial Supply Co. acquiring DECO Tool Supply Co. for roughly $42 million. The transaction was completed July 31, according to MSC, a premier distributor of metalworking and MRO products – for “maintenance, repair and operations” – to industrial customers throughout North America. MSC is “extremely excited” about the acquisition…