MSC Industrial Direct

MSC Industrial Direct Co., Inc. engages in the distribution of metalworking and maintenance, repair, and operations products and services. Its products include cutting tools, measuring instruments, tooling components, metalworking, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies. The company was founded by Sidney Jacobson in 1941 and is headquartered in Melville, NY.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

MSC Industrial Direct reports robust Q1 performance and reaffirms guidance

MSC Industrial Direct's Q1 performance showcases revenue growth and margin improvements, with a focus on productivity goals and market share capture. The company remains confident in achieving its fiscal year-end goals and emphasizes customer-centric strategies amidst supply chain challenges.

MSC Industrial Direct reports strong Q2 performance amidst inflation challenges

MSC Industrial Direct's Q2 2023 earnings call highlighted strong financial performance, focus on gross margin improvement, and growth opportunities driven by strategic initiatives. Challenges include inflation pressures and pricing strategies impacting gross margins. The company remains optimistic for the future despite caution in demand outlook.

MSC Industrial Direct posts robust Q3 results, eyes growth opportunities

MSC Industrial Direct's Q3 earnings call highlighted strong performance, growth initiatives, and positive market conditions in sectors like automotive and aerospace. The company aims to enhance shareholder value through eliminating high voting Class B shares and focusing on high-value customer propositions. Challenges lie in managing price-cost dynamics impacting margins and navigating market conditions in industries like oil and gas.

MSC Industrial Direct achieves record sales in fiscal 2023, eyes growth and efficiency in 2024

MSC Industrial Direct's fiscal 2023 performance was strong, with a focus on mission-critical initiatives and future growth strategies. While facing challenges like lower volumes and margin pressures, the company is well-positioned to capitalize on opportunities for growth and efficiency improvements in fiscal 2024.

MSC Industrial Direct (MSM) reports Q1 challenges but remains optimistic for 2024

MSC Industrial Direct (MSM) navigated challenges in Q1 2024 with a focus on sustainability, growth initiatives, and profitability improvements. Despite softening demand and margin pressures, the company maintained a strong balance sheet and generated healthy free cash flow. Looking ahead, MSC is optimistic about the outlook for 2024 and the progress of its pricing realignment initiatives.

MSC Industrial Direct reports mixed Q2 performance, eyes growth opportunities

MSC Industrial Direct's Q2 performance was a mix of strengths and challenges, with a focus on future growth.
Acquisitions and high-touch programs show promise for enhancing offerings and customer engagement.
Operational improvements and macroeconomic factors are expected to drive growth in the second half.
The company remains confident in its prospects despite current revenue challenges and supply chain disruptions.

MSC Industrial Faces Setbacks, Lowers FY Outlook

MSC Industrial Direct's Q3 2024 earnings reflect a challenging quarter with setbacks in digital initiatives and pricing strategies, leading to revised downward forecasts for the year. However, the company maintains strong segments and a clear focus on long-term financial goals, alongside strategic leadership changes to bolster its digital and information capabilities.

MSC Industrial Direct faces challenges in soft markets, eyes growth

MSC Industrial Direct's fiscal 2024 performance was impacted by market challenges, but the company made progress in key strategic areas.
Fiscal 2025 presents both challenges and opportunities for MSC Industrial Direct as they navigate through soft market conditions.
The company's focus on cost optimization, growth restoration, and margin expansion underscores its long-term strategic priorities.
MSC Industrial Direct remains cautious about cost management while pursuing growth opportunities and enhancing digital capabilities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MSC Industrial Direct Co., Inc. engages in the distribution of metalworking and maintenance, repair, and operations products and services. Its products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components and electrical supplies. The company was founded by Sidney Jacobson in 1941 and is headquartered in Melville, NY.

MSC Industrial (MSM) is well-poised to deliver revenue growth, aided by acquisitions, price and strong momentum in growth initiatives.

MSC Industrial (MSM) Shares Gain 30.4% YTD: What's Driving It?

MSC INDUSTRIAL SUPPLY CO. RELEASES 2023 ESG REPORT

Alamo Group

Emerson Electric

One company is doubling down on the automation industry. Industrial suppliers will be a vital part of the manufacturing renaissance in the U.S. Infrastructure spending is as much about maintaining expenditures as replacing or building new infrastructure.

3 Hot Megatrends for Smart Investors in 2024 (and 3 Stocks You've Never Heard Of)

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2024 FIRST QUARTER RESULTS

Chevron

Procter & Gamble

Chevron is an oil supermajor with an impressive streak of dividend raises. P&G deserves more credit for its execution the last couple of years.

3 Passive-Income Powerhouses to Buy Before the End of 2023

Margins were softer in FQ4, including a somewhat disappointing lack of additional SG&A leverage, but overall performance for the quarter and fiscal year was good. MSC Industrial has shown impressive volume growth and share gains in its metalworking tools distribution business, with impressive outperformance relative to benchmarks like industrial production. The company's management is establishing credibility in driving persistent share gains and improving long-term margins; investments into digital capabilities and further expansion of vending/on-site efforts should drive more growth.

MSC Industrial Outperforming An Increasingly Challenging Market

MSC Industrial Direct Co., Inc. (NYSE:MSM ) Q4 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Ryan Mills - Head of IR Erik Gershwind - CEO Kristen Actis-Grande - CFO Conference Call Participants David Manthey - Baird Stephen Volkmann - Jefferies Thomas Moll - Stephens Inc. Ken Newman - KeyBanc Ryan Merkel - William Blair Chris Dankert - Luke Capital Patrick Baumann - JPMorgan Operator Good day, and welcome to the MSC Industrial Supply Fiscal 2023 Fourth Quarter and Full Year Conference Call. [Operator Instructions] Please note today's event is being recorded.

MSC Industrial Direct Co., Inc. (MSM) Q4 2023 Earnings Call Transcript

MSC Industrial (MSM) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.79 per share a year ago.

MSC Industrial (MSM) Q4 Earnings and Revenues Beat Estimates

FISCAL 2023 Q4 HIGHLIGHTS Net sales of $1,035.4 million increased 1.3% YoY (9.3% on an average daily sales basis, approximately 9 percentage points above the Industrial Production (IP) index) Operating income of $118.1 million, or $130.4 million adjusted to exclude share reclassification and restructuring and other costs1 Operating margin of 11.4%, or 12.6% excluding the adjustments described above1 Diluted EPS of $1.56 vs. $1.86 in the prior year and adjusted EPS of $1.64 vs.

MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2023 FOURTH QUARTER AND FULL YEAR RESULTS

MSC Industrial (MSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: MSC Industrial (MSM) Q4 Earnings Expected to Decline

MAXIMUS

Riley Exploration Permian

Tanger Factory Outlet Centers

Tanger Factory Outlet Centers, Inc. (SKT), Riley Exploration Permian, Inc. (REPX), EQT Corporation (EQT), MSC Industrial Direct Co., Inc. (MSM) and Maximus, Inc. (MMS) recently hiked dividends.

5 Stocks to Watch on Dividend Hikes Amid Market Volatility

Fastenal

Two tools makers, Fastenal and MSC Industrial, are hitting new highs. Fastenal broke out on earnings, while MSC is due to report Oct 25.

Two Tool Stocks Hit New Highs In Uncertain Times

MSC INDUSTRIAL SUPPLY CO. DECLARES 5% INCREASE IN REGULAR QUARTERLY DIVIDEND

Best Buy

Blackrock Inc

Cohen & Steers

Cheniere Energy Partners

Darden Restaurants

Home Depot

Lockheed Martin

MPLX

ONEOK

Paychex

Philip Morris

PNC Financial Services

Phillips 66

Pioneer Natural Resources

Schwab US Dividend Equity ETF

SPDR S&P 500 ETF Trust

Sociedad Quimica Y Minera De Chile

T. Rowe Price Group

Texas Instruments

The 4 factor high yield strategy aims to automate the stock selection process, and offer a blend of the simplicity of ETFs with exposure to individual stocks. Thus far the strategy has generated promising results, with 60% to 80% success rates when measured against SPY and SCHD. The strategy has generated 5 unique 20 stock portfolios, each with a starting dividend yield in excess of 4%.

Best High Yield Dividend Stocks - From The 4 Factor Strategy

MSC INDUSTRIAL SUPPLY CO. ANNOUNCES SHAREHOLDER APPROVAL OF PREVIOUSLY ANNOUNCED PLAN TO ELIMINATE DUAL CLASS STRUCTURE

MSC INDUSTRIAL SUPPLY CO. TO WEBCAST REVIEW OF FISCAL 2023 FOURTH QUARTER AND FULL YEAR RESULTS

Reasons to Hold MSC Industrial (MSM) Stock in Your Portfolio

MSC Industrial Direct Co. is experiencing strong growth in the public sector business, which is expected to contribute to sales growth. The company's "mission-critical" initiatives focused on solidifying metalworking position, expanding in-plant solutions, growing e-commerce, and diversifying customers and end markets continue to gain traction. The company's operating margin is expected to see benefits from volume leverage, easing comps, and cost-cutting initiatives.

MSC Industrial: A Good Bet As Valuation Multiple Continues To Re-Rate

MSC Industrial Direct Co., Inc. has faced margin pressure due to competition, including from Amazon, but has regained operating momentum post-pandemic. The company has seen modest growth and operates in a fragmented MRO market. Recent financial results show solid sales growth and improved margins, with potential for further consolidation and M&A activity.

MSC Industrial: MRO Play Getting Back On Its Feet

DMC Global

W.W. Grainger

Hillenbrand

The ongoing weakness in order levels mars the near-term outlook for the Zacks Industrial Services industry. The likes of GWW, MSM, HI and BOOM will gain from their heightened focus on enhancing digital capabilities.

4 Industrial Services Stocks Countering Industry Headwinds

MSC Industrial (MSM) gains from solid growth trends in revenues as well as benefits from acquisitions and growth initiatives.

MSC Industrial (MSM) Stock Up 20% in 6 Months: Here's Why

Fiscal third-quarter results were more mixed than recent results, with the revenue beat and gross margin miss, both driven by a large public sector contract win. Manufacturing activity is slowing, but MSC is driving volume growth above IP, helped by focusing on higher-growth opportunities like on-site, vending, and VMI. There are still other strategic opportunities to consider, and I think MSC would do well to consider a review of their pricing strategy in the core legacy business.

MSC Industrial - Slowing End-Markets, But Promising Strategic Opportunities

Although the revenue and EPS for MSC Industrial (MSM) give a sense of how its business performed in the quarter ended May 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

MSC Industrial (MSM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

MSC Industrial's (MSM) revenues improve year on year in third-quarter fiscal 2023. It has reported double-digit average daily sales growth for five consecutive quarters.

MSC Industrial (MSM) Q3 Earnings Miss Estimates, Revenues Beat

MSC Industrial Direct Co., Inc. (NYSE:MSM ) Q3 2023 Earnings Conference Call June 29, 2023 8:30 AM ET Company Participants Ryan Mills - Head of Investor Relations Erik Gershwind - President and Chief Executive Officer Kristen Actis-Grande - Executive Vice President and Chief Financial Officer Conference Call Participants David Manthey - Robert W. Baird Tommy Moll - Stephens Stephen Volkmann - Jefferies Patrick Baumann - JPMorgan Ryan Merkel - William Blair Katie Fleischer - KeyBanc Capital Markets Chris Dankert - Loop Capital Operator Good morning and welcome to the MSC Industrial Supply Fiscal 2023 Third Quarter Conference Call.

MSC Industrial Direct Co., Inc. (MSM) Q3 2023 Earnings Call Transcript

News for MSC Industrial Direct Stock (MSM)