MSC Earnings Reports

MSC Industrial Supply posted Q2 FY25 results within guidance despite a 4.7% YoY drop in net sales. Net income and EPS were down compared to last year, but the company saw sequential improvement and made strategic progress in digital and customer engagement initiatives.

MSC Industrial Supply Co. reported a decrease in net sales by 2.7% year-over-year, with net sales of $928.5 million. The adjusted diluted EPS was $0.86, compared to $1.25 in the prior fiscal year quarter. The company's performance exceeded expectations, with higher than expected revenue leading to an adjusted operating margin exceeding the high end of the outlook by approximately 50 basis points.

MSC Industrial Supply Co. reported a strong start to fiscal 2023, with net sales increasing by 12.9% year-over-year to $957.7 million. The company's diluted EPS was $1.45, compared to $1.18 in the prior year quarter. The company reaffirmed its fiscal 2023 adjusted operating margin guidance range.

MSC Industrial Supply Co. reported a strong finish to fiscal 2022, with Q4 net sales reaching $1.0 billion, a 23% increase year-over-year. Diluted EPS was reported at $1.86, and adjusted diluted EPS at $1.79. The company highlighted its average daily sales growth exceeding the Industrial Production index and progress on its Mission Critical program.

MSC Industrial Supply Co. reported a 10.7% increase in net sales, reaching $958.6 million. The company's diluted EPS increased to $1.78, and adjusted diluted EPS rose to $1.82. They expect double-digit average daily sales growth to continue in fiscal Q4.

MSC Industrial Supply Co. reported a strong second quarter in fiscal 2022, with net sales increasing by 11.4% to $862.5 million. The company's diluted EPS rose to $1.25, and adjusted diluted EPS increased by 25.2% to $1.29. The company is raising its annual adjusted operating margin framework to between 12.5% and 13.1%.

MSC Industrial Supply Co. reported a 9.9% increase in net sales to $848.5 million and a diluted EPS of $1.18 for the first quarter of fiscal 2022. The company's average daily sales growth outpaced the Industrial Production Index, and adjusted diluted EPS reached $1.25, a 12.6% increase year-over-year. Management expects gross margins to bounce back in the fiscal second quarter and aims to keep them roughly flat for the full year.

MSC Industrial Supply Co. reported strong Q4 2021 results, with net sales increasing by 11.1% year-over-year to $831.0 million and diluted EPS reaching $1.18. The company's average daily sales growth outperformed the Industrial Production Index by approximately 500 basis points, driven by the execution of its five growth drivers.

MSC Industrial Direct Co. reported a 3.8% increase in net sales to $866.3 million for the fiscal 2021 third quarter. The company's diluted EPS was $1.68, compared to $1.40 in the prior year quarter. The company also reported operating income of $128.6 million.

MSC Industrial Direct Co. reported a decrease in net sales by 1.5% compared to the prior year quarter, with net sales of $774.0 million. Diluted EPS was $0.32, while adjusted diluted EPS was $1.03. The company's Mission Critical program delivered $9 million of gross cost out during the quarter.

MSC Industrial Supply Co. reported a decrease in net sales by 6.3% year-over-year, with a net sales of $771.9 million. Diluted EPS was reported at $0.69, with an adjusted diluted EPS of $1.10. The company saw sequential improvement in sales of non-safety and non-janitorial product lines, while sales of safety and janitorial products grew roughly 20%.

MSC Industrial Supply Co. reported a decrease in net sales of 11.3% year-over-year, with net sales of $747.7 million. Diluted EPS was $0.94 compared to $1.20 in the prior year quarter. Despite the weak industrial demand environment, the company saw sequential improvement in sales of non-safety and non-janitorial products, and sales of safety and janitorial products continued to grow.

MSC Industrial Supply Co. reported a 3.6% year-over-year decrease in net sales, with operating income slightly decreasing. Diluted EPS also saw a decrease compared to the prior year.

MSC Industrial Supply Co. reported a 4.5% year-over-year decrease in net sales, with solid execution in a relatively soft environment. The company is focused on navigating the COVID-19 crisis and has implemented business continuity efforts.

MSC Industrial Supply Co. reported a slight decrease in net sales, but solid execution in a weak demand environment, as well as disciplined expense management led to operating margin exceeding guidance. The company delivered solid free cash flow and declared a special dividend.