Nov 30, 2024

MSC Q1 2025 Earnings Report

MSC's Q1 2025 financial performance reflected solid results in a challenging environment.

Key Takeaways

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.

Net sales decreased by 2.7% year-over-year to $928.5 million.

Operating income was $72.3 million, or $74.6 million adjusted for restructuring and other costs.

Diluted EPS was $0.83, with an adjusted diluted EPS of $0.86.

Average daily sales declined 2.7% year-over-year, while gross margin performed as expected.

Total Revenue
$928M
Previous year: $954M
-2.7%
EPS
$0.86
Previous year: $1.25
-31.2%
Gross Profit
$378M
Previous year: $393M
-3.8%
Cash and Equivalents
$57.3M
Previous year: $25.8M
+121.9%
Free Cash Flow
$81.7M
Previous year: $68.5M
+19.4%
Total Assets
$2.47B
Previous year: $2.49B
-0.8%

MSC

MSC

Forward Guidance

Macro conditions remain soft in the near term. ADS Growth (YoY) is expected to be between -5.0% and -3.0%. Adjusted Operating Margin is expected to be between 6.5% and 7.5%.