MSC Industrial Direct Company, Inc. Common Stock (MSM)
Frequently Asked Questions About MSC Industrial Direct Company, Inc. Common Stock (MSM)
Does MSC Industrial Direct offer any special services?
Yes, MSC Industrial Direct offers several specialized services, including inventory management solutions, custom manufacturing, and emergency response programs. These services are designed to help customers streamline operations and minimize downtime by delivering tailored solutions to meet their unique needs.
Has MSC Industrial Direct pursued any acquisitions?
Yes, MSC Industrial Direct has pursued strategic acquisitions to expand its product offerings and enhance its market position. These acquisitions have allowed the company to bring additional expertise, resources, and specialized products into its portfolio, ultimately benefiting its customers.
How does MSC Industrial Direct engage with the community?
MSC Industrial Direct engages with the community through various philanthropic initiatives, supporting educational programs, and participating in local events. The company believes in giving back and fostering a positive impact within the communities where it operates.
How does MSC Industrial Direct prioritize sustainability?
MSC Industrial Direct prioritizes sustainability by implementing environmentally responsible practices and offering products that contribute to sustainable operations. The company actively seeks to reduce waste, improve energy efficiency, and promote sustainable products to help its customers meet their own environmental goals.
How does MSC Industrial Direct serve its customers?
MSC Industrial Direct serves its customers through a multichannel approach, which includes an easy-to-navigate online catalog, a dedicated sales team, and a network of distribution centers. This ensures that customers receive timely deliveries and personalized service, helping them find the right products for their specific needs.
Is MSC Industrial Direct publicly traded?
Yes, MSC Industrial Direct is publicly traded on the New York Stock Exchange under the ticker symbol 'MSM.' Being a publicly traded company allows MSC to access capital through equity markets and provides transparency in its financial reporting to shareholders.
What are MSC Industrial Direct's corporate values?
MSC Industrial Direct's corporate values emphasize integrity, customer focus, innovation, and teamwork. These values guide the company's decision-making processes and foster a culture that prioritizes ethical behavior, collaboration, and continuous improvement.
What are MSC Industrial Direct's primary product categories?
The primary product categories offered by MSC Industrial Direct include metalworking tools, cutting tools, fasteners, maintenance, repair and operations (MRO) supplies, industrial equipment, and safety products. Their extensive catalog caters to various industries, ensuring that customers have access to essential tools and materials.
What does MSC Industrial Direct Company, Inc. do?
MSC Industrial Direct Company, Inc. is a leading distributor of metalworking and maintenance, repair, and operations (MRO) supplies in North America. They provide an extensive product range, including tools, machinery, safety equipment, and industrial supplies. The company serves a diverse clientele, comprising manufacturers, machine shops, and various industries requiring reliable tools and services to enhance productivity.
What industries does MSC Industrial Direct cater to?
MSC Industrial Direct caters to a diverse range of industries, including manufacturing, aerospace, automotive, metalworking, and construction. Their extensive product offerings enable them to support various sectors that require tools and materials for production and maintenance.
What initiatives does MSC Industrial Direct have for employee development?
MSC Industrial Direct is committed to employee development through continuous learning and professional growth opportunities. The company offers training programs, leadership development, and mentorship, ensuring that employees can advance their careers while contributing to organizational success.
What is MSC Industrial Direct's approach to customer service?
MSC Industrial Direct places a strong emphasis on customer service by offering personalized support through their sales representatives, providing extensive online resources, and maintaining a customer-centric culture. Their goal is to ensure that customers have a seamless experience, from product selection to after-sales service.
What is the business model of MSC Industrial Direct?
MSC Industrial Direct operates primarily on a direct sales model, offering products through its e-commerce platform, catalog, and sales representatives. This model allows them to maintain close relationships with customers and adapt to their unique requirements while driving high levels of customer satisfaction and loyalty.
What is the financial performance of MSC Industrial Direct?
MSC Industrial Direct has demonstrated strong financial performance over the years, with consistent revenue growth and profitability. Key financial metrics, including sales, operating income, and earnings per share, reflect the company's ability to effectively manage its operations and meet market demand.
What role does technology play in MSC Industrial Direct's operations?
Technology plays a crucial role in MSC Industrial Direct's operations, from their robust e-commerce platform that enables customers to browse and order products online, to their inventory management systems that optimize supply chain efficiency. The company continuously invests in technology to enhance customer experience and operational effectiveness.
When was MSC Industrial Direct founded?
MSC Industrial Direct was founded in 1941 by Morris D. Cohen, starting as a small distributor of cutting tools and has grown substantially over the decades. The company has expanded its product offerings and distribution capabilities while maintaining a commitment to customer service and product quality.
Where is MSC Industrial Direct headquartered?
MSC Industrial Direct is headquartered in Melville, New York. This strategic location allows the company to efficiently manage its distribution network and serve its customers across the United States and Canada.
Who are MSC Industrial Direct's main competitors?
MSC Industrial Direct faces competition from other industrial supply distributors, including Grainger, Fastenal, and McMaster-Carr. These companies also provide a broad selection of tools and supplies, striving to capture the same target market as MSC while emphasizing customer service and product availability.
What is the current price of MSC Industrial Direct Company, Inc. Common Stock?
The current price of MSC Industrial Direct Company, Inc. Common Stock is 75.69
When was MSC Industrial Direct Company, Inc. Common Stock last traded?
The last trade of MSC Industrial Direct Company, Inc. Common Stock was at 3:31 pm EDT on April 3rd, 2025
What is the market capitalization of MSC Industrial Direct Company, Inc. Common Stock?
The market capitalization of MSC Industrial Direct Company, Inc. Common Stock is 4.24B
How many shares of MSC Industrial Direct Company, Inc. Common Stock are outstanding?
MSC Industrial Direct Company, Inc. Common Stock has 56.08M shares outstanding.