MSC Industrial: Fiscal Q2 Earnings Snapshot

MELVILLE, N.Y. (AP) _ MSC Industrial Direct Co. (MSM) on Wednesday reported fiscal second-quarter net income of $69.9 million.The Melville, New York-based company said it had profit of $1.25 per share. Earnings, adjusted for restructuring costs, came to $1.29 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share. The distributor of industrial tools and supplies posted revenue of $862.

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