MSC Industrial Direct Co Inc at Wells Fargo Industrials Conference Transcript

May 04, 2022 / 02:00PM GMT
Michael Lawrence McGinn - Wells Fargo Securities, LLC, Research Division - Senior Analyst

Kick things off. My name is Mike McGinn, senior analyst, Wells Fargo Industrials. With me, delighted to have the MSC Industrial team. Erik and John, thank you for being here.

Erik David Gershwind - MSC Industrial Direct Co., Inc. - President, CEO & Director

Good morning, Mike.

John G. Chironna - MSC Industrial Direct Co., Inc. - VP of IR & Treasurer

Good morning, everyone.

Michael Lawrence McGinn - Wells Fargo Securities, LLC, Research Division - Senior Analyst

So as many of you know, MSC is a leading distributor of MRO and manufacturing products with roots tracing right back here to New York and the metalworking industry. $3.5 billion sales, $4.5 billion market cap. The company is unique in that they operate an asset-light, hub-and-spoke distribution model with a highly trained salesforce, aerospace, machinery, transports, metals and mining, key verticals, along with some of

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