MSC Industrial Direct (MSM +0.3%) is up slightly today after its FQ1 earnings beat estimates on...

|About: MSC Industrial Direct Co. Inc. (MSM)|By:, SA News Editor

MSC Industrial Direct (MSM +0.3%) is up slightly today after its FQ1 earnings beat estimates on better than anticipated sales and a slight boost in gross margins. Profit jumped 26% Y/Y as the company says manufacturing demand continues to rebound, while its pricing power mitigated softness in its government-sector business and higher commodity costs.