MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / March 12, 2026 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM) (“MSC,” “MSC Industrial,” the “Company,” “we,” “us,” or “our”), a leading North American distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services, today announced that the Company’s conference call to review its fiscal year 2026 second quarter results, as well as its current operations, will be broadcast online live on Wednesday, April 1, 2026 at 8:30 a.m. Eastern Time.
To access the earnings release, webcast, presentation slides and operational statistics, please visit the Company’s website at: http://investor.mscdirect.com. Alternatively, the conference call can be accessed by dialing 1-888-506-0062 (U.S.) or 1-973-528-0011 (international) and providing the access code 987025.
An online archive of the broadcast will be available within one hour of the conclusion of the call and remain available until Wednesday, April 15, 2026.
# # #
Contact Information
Investors: Ryan Mills, CFA VP, Investor Relations & Business Development Rmills@mscdirect.com
About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking, maintenance, repair and operations (MRO), and production fastener and hardware products and services. With approximately 2.5 million products, industry‑leading inventory management and supply chain solutions, and more than 80 years of experience, we help customers improve productivity, profitability, and operational performance.
Our team of over 7,000 associates partners closely with customers across industries to keep their operations running efficiently today while enabling them with insights and comprehensive solutions to continually rethink, retool, and optimize for a more productive tomorrow.
For more information on MSC Industrial, please visit mscdirect.com.
MELVILLE, NY and DAVIDSON, NC / ACCESS Newswire / March 2, 2026 / MSC Industrial Supply Co. (NYSE:MSM) (“MSC,” “MSC Industrial,” the “Company,” “we,” “us,” or “our”), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today announced the addition of Reuben Slone to its Board of Directors.
“We are excited to have Reuben join our Board of Directors,” said Chairman of the Board, Mitchell Jacobson. “Reuben brings a deep understanding of supply chain excellence along with a strong track record unlocking operational improvements and creating value across various C-level roles at public companies. We look forward to the unique perspective he will bring to our Board and the positive impact that he will have on MSC’s operations, customer service levels, and future financial performance.”
Prior to retirement, Slone served from 2018 to 2023 as the EVP, Supply Chain at Advance Auto Parts, Inc., a Fortune 500 retailer of aftermarket automotive parts across nearly 5,000 stores. Prior to that, Reuben served six years as the SVP, Supply Chain Management at Walgreens Boots Alliance Inc., a leading pharmacy retailer where he oversaw one of the world’s largest supply chains and the integration of nearly 2,000 acquired Rite Aid stores and three distribution centers. Throughout his career, he held various senior leadership roles across several industries and is globally recognized as a supply chain expert.
Slone graduated from the University of Michigan with a BS in Engineering. In addition, he currently sits on the board of American Tire Distributors, one of the largest private equity owned US tire distributors and has published several materials including his book “The New Supply Chain Agenda” in 2010.
Contact Information
Investors:
Media:
Ryan Mills, CFA
Leah Kelso
VP, Investor Relations & Business Development
VP, Communications & Sales Enablement
Rmills@mscdirect.com
Leah.Kelso@mscdirect.com
About MSC Industrial Supply
MSC Industrial Supply Co. (NYSE: MSM) is a leading North American distributor of a broad range of metalworking, maintenance, repair and operations (MRO), and production fastener and hardware products and services. With approximately 2.5 million products, industry‑leading inventory management and supply chain solutions, and more than 80 years of experience, we help customers improve productivity, profitability, and operational performance.
Our team of over 7,000 associates partners closely with customers across industries to keep their operations running efficiently today while enabling them with insights and comprehensive solutions to continually rethink, retool, and optimize for a more productive tomorrow.
For more information on MSC Industrial, please visit mscdirect.com.
Operating income of $76.2 million, or $81.2 million on an adjusted basis1
Operating margin of 7.9%, or 8.4% on an adjusted basis1
Diluted EPS of $0.93 vs. $0.83 in the prior fiscal year quarter
Adjusted diluted EPS of $0.99 vs. $0.86 in the prior fiscal year quarter1
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / January 7, 2026 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM) (“MSC,” “MSC Industrial,” the “Company,” “we,” “us,” or “our”), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2026 first quarter ended November 29, 2025.
Financial Highlights 2
FY26 Q1
FY25 Q1
Change
Net Sales
$
965.7
$
928.5
4.0
%
Income from Operations
$
76.2
$
72.3
5.5
%
Operating Margin
7.9
%
7.8
%
Net Income Attributable to MSC
$
51.8
$
46.6
11.1
%
Diluted EPS
$
0.93
3
$
0.83
3
12.0
%
Adjusted Financial Highlights 2
FY26 Q1
FY25 Q1
Change
Net Sales
$
965.7
$
928.5
4.0
%
Adjusted Income from Operations 1
$
81.2
$
74.6
8.8
%
Adjusted Operating Margin 1
8.4
%
8.0
%
Adjusted Net Income Attributable to MSC 1
$
55.5
$
48.4
14.8
%
Adjusted Diluted EPS 1
$
0.99
3
$
0.86
3
15.1
%
1 Represents a non-GAAP financial measure. An explanation and a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure are presented in the schedules accompanying this press release. 2 In millions except percentages and per share data or as otherwise noted. 3 Based on 56.0 million and 56.1 million weighted-average diluted shares outstanding for FY26 Q1 and FY25 Q1, respectively.
Martina McIsaac, President and Chief Executive Officer, said, “We began the fiscal year on solid footing by executing on the continued momentum from our recent growth initiatives. This resulted in average daily sales growth at the midpoint of our outlook and approximately 180 basis points above the Industrial Production Index, despite headwinds related to the government shutdown of roughly 100 basis points. As a result of our improving levels of execution and focus on optimizing costs, we returned to profitable growth in the fiscal first quarter.”
Greg Clark, Vice President and Interim Chief Financial Officer, added, “We successfully capitalized on growth by delivering 10 basis points of operating margin expansion, or 40 basis points on an adjusted basis year over year and towards the higher end of our guidance range. This resulted in double digit improvement in earnings per share on both a reported and adjusted basis.”
McIsaac concluded, “Looking ahead, I am encouraged by our performance early in the fiscal year. We will continue advancing the benefits from our growth initiatives and identifying areas to optimize our cost to serve that supported our return to operating margin expansion this quarter. The timing of holidays created a soft start to the fiscal second quarter, which is affecting our outlook for average daily sales in the quarter, but I remain confident in profitable growth remaining a trend throughout fiscal 2026 and beyond as this momentum continues.”
Second Quarter Fiscal 2026 Financial Outlook
ADS Growth (YoY)
3.5% – 5.5%
Adjusted Operating Margin1
7.3% – 7.9%
Full-Year Fiscal 2026 Outlook for Certain Financial Metrics Maintained
Depreciation and amortization expense of ~$95M-$100M
Interest and other expense of ~$35M
Capital expenditures of ~$100M-$110M
Free cash flow conversion1 of ~90%
Tax rate of ~24.5%-25.5%
1 Guidance provided is a non-GAAP figure presented on an adjusted basis. For further details see the Non-GAAP financial measures information presented in the schedules accompanying this press release.
Conference Call Information
MSC will host a conference call today at 8:30 a.m. EDT to review the Company’s fiscal 2026 first quarter results. The call, accompanying slides, and other operational statistics may be accessed at: https://investor.mscdirect.com. The conference call may also be accessed at 1-888-506-0062 (U.S.) or 1-973-528-0011 (international) and providing the access code 660475.
An online archive of the broadcast will be available until January 21, 2026. The Company’s reporting date for its fiscal 2026 second quarter results is scheduled for April 1, 2026.
Contact Information
Investors: Ryan Mills, CFA VP, Investor Relations & Business Development Rmills@mscdirect.com
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
MSC INDUSTRIAL DIRECT CO., INC. Condensed Consolidated Balance Sheets (In thousands)
November 29, 2025
August 30, 2025
ASSETS
(Unaudited)
Current Assets:
Cash and cash equivalents
$
40,254
$
56,228
Accounts receivable, net of allowance for credit losses
430,733
423,306
Inventories
660,483
644,090
Prepaid expenses and other current assets
128,052
102,930
Total current assets
1,259,522
1,226,554
Property, plant and equipment, net
346,776
346,706
Goodwill
723,348
723,702
Identifiable intangibles, net
81,518
85,455
Operating lease assets
48,509
52,464
Other assets
27,393
27,183
Total assets
$
2,487,066
$
2,462,064
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current portion of debt including obligations under finance leases
$
316,872
$
316,868
Current portion of operating lease liabilities
21,667
22,236
Accounts payable
220,113
225,150
Accrued expenses and other current liabilities
167,649
165,092
Total current liabilities
726,301
729,346
Long-term debt including obligations under finance leases
214,095
168,831
Noncurrent operating lease liabilities
27,393
30,872
Deferred income taxes and tax uncertainties
136,450
136,513
Total liabilities
1,104,239
1,065,562
Commitments and Contingencies
Shareholders’ Equity:
Preferred Stock
–
–
Class A Common Stock
57
57
Additional paid-in capital
1,097,059
1,093,630
Retained earnings
426,719
432,622
Accumulated other comprehensive loss
(21,746
)
(20,736
)
Class A treasury stock, at cost
(120,918
)
(117,363
)
Total MSC Industrial shareholders’ equity
1,381,171
1,388,210
Noncontrolling interest
1,656
8,292
Total shareholders’ equity
1,382,827
1,396,502
Total liabilities and shareholders’ equity
$
2,487,066
$
2,462,064
MSC INDUSTRIAL DIRECT CO., INC. Condensed Consolidated Statements of Income (In thousands, except per share data) (Unaudited)
Thirteen Weeks Ended
November 29, 2025
November 30, 2024
Net sales
$
965,684
$
928,484
Cost of goods sold
573,007
550,297
Gross profit
392,677
378,187
Operating expenses
311,568
303,563
Restructuring and other costs
4,870
2,344
Income from operations
76,239
72,280
Other income (expense):
Interest expense
(5,416
)
(6,075
)
Interest income
275
341
Other expense, net
(3,584
)
(5,944
)
Total other expense
(8,725
)
(11,678
)
Income before provision for income taxes
67,514
60,602
Provision for income taxes
16,406
14,908
Net income
51,108
45,694
Less: Net loss attributable to noncontrolling interest
(696
)
(929
)
Net income attributable to MSC Industrial
$
51,804
$
46,623
Per share data attributable to MSC Industrial:
Net income per common share:
Basic
$
0.93
$
0.83
Diluted
$
0.93
$
0.83
Weighted-average shares used in computing net income per common share:
Basic
55,804
55,897
Diluted
55,975
56,068
MSC INDUSTRIAL DIRECT CO., INC. Condensed Consolidated Statements of Comprehensive Income (In thousands) (Unaudited)
Thirteen Weeks Ended
November 29, 2025
November 30, 2024
Net income, as reported
$
51,108
$
45,694
Other comprehensive income, net of tax:
Foreign currency translation adjustments
(902
)
(4,066
)
Comprehensive income
50,206
41,628
Comprehensive income attributable to noncontrolling interest:
Net loss
696
929
Foreign currency translation adjustments
(108
)
234
Comprehensive income attributable to MSC Industrial
$
50,794
$
42,791
MSC INDUSTRIAL DIRECT CO., INC. Condensed Consolidated Statements of Cash Flows (In thousands)(Unaudited)
Thirteen Weeks Ended
November 29, 2025
November 30, 2024
Cash Flows from Operating Activities:
Net income
$
51,108
$
45,694
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
25,111
21,682
Amortization of cloud computing arrangements
254
504
Non-cash operating lease cost
5,944
6,070
Stock-based compensation
4,378
3,562
Loss on disposal of property, plant and equipment
450
188
Gain on sale of property
(584
)
–
Non-cash changes in fair value of estimated contingent consideration
–
245
Provision for credit losses
1,038
2,521
Expenditures for cloud computing arrangements
(737
)
(332
)
Changes in operating assets and liabilities:
Accounts receivable
(8,694
)
455
Inventories
(16,234
)
5,491
Prepaid expenses and other current assets
(24,648
)
(2,629
)
Operating lease liabilities
(6,038
)
(6,152
)
Other assets
51
(154
)
Accounts payable and accrued liabilities
(1,988
)
24,723
Total adjustments
(21,697
)
56,174
Net cash provided by operating activities
29,411
101,868
Cash Flows from Investing Activities:
Expenditures for property, plant and equipment
(22,006
)
(20,168
)
Cash used in acquisitions, net of cash acquired
(240
)
(240
)
Net proceeds from sale of property
1,057
–
Net cash used in investing activities
(21,189
)
(20,408
)
Cash Flows from Financing Activities:
Repurchases of Class A Common Stock
(12,959
)
(18,072
)
Payments of regular cash dividends
(48,626
)
(47,537
)
Proceeds from sale of Class A Common Stock in connection with Associate Stock Purchase Plan
908
1,029
Proceeds from exercise of Class A Common Stock options
–
120
Borrowings under credit facilities
156,000
111,500
Payments under credit facilities
(111,000
)
(99,750
)
Purchase of noncontrolling interest
(8,195
)
–
Other, net
(64
)
(649
)
Net cash used in financing activities
(23,936
)
(53,359
)
Effect of foreign exchange rate changes on cash and cash equivalents
(260
)
(423
)
Net (decrease) increase in cash and cash equivalents
(15,974
)
27,678
Cash and cash equivalents-beginning of period
56,228
29,588
Cash and cash equivalents-end of period
$
40,254
$
57,266
Supplemental Disclosure of Cash Flow Information:
Cash paid for income taxes
$
5,760
$
13,500
Cash paid for interest
$
5,610
$
6,262
Non-GAAP Financial Measures
To supplement MSC’s unaudited selected financial data presented consistent with accounting principles generally accepted in the United States (“GAAP”), the Company discloses certain non-GAAP financial measures, including non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP provision for income taxes, non-GAAP net income and non-GAAP diluted earnings per share, that exclude items such as restructuring and other costs and share reclassification litigation costs, and tax effects.
These non-GAAP financial measures are not presented in accordance with GAAP or alternatives for GAAP financial measures and may be different from similar non-GAAP financial measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP financial measure and should only be used to evaluate MSC’s results of operations in conjunction with the corresponding GAAP financial measure.
This press release also includes certain forward-looking information that is not presented in accordance with GAAP, including adjusted operating margin and free cash flow conversion. The Company believes that a quantitative reconciliation of such forward-looking information to the most directly comparable financial measures calculated and presented in accordance with GAAP cannot be made available without unreasonable efforts because a reconciliation of these non-GAAP financial measures would require the Company to predict the timing and likelihood of potential future events such as restructurings, M&A activity, and other infrequent or unusual gains and losses. Neither the timing or likelihood of these events, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of such forward-looking information to the most directly comparable GAAP financial measures is not provided.
FCF is a non-GAAP financial measure. FCF is used in addition to and in conjunction with results presented in accordance with GAAP, and FCF should not be relied upon to the exclusion of GAAP financial measures. Management strongly encourages investors to review our financial statements and publicly-filed reports in their entirety and to not rely on any single financial measure. FCF, which we reconcile to “Net cash provided by operating activities,” is cash flow from operations reduced by “Expenditures for property, plant and equipment”. We believe that FCF, although similar to cash flow from operations, is a useful additional measure since capital expenditures are a necessary component of ongoing operations. Management also views FCF, as a measure of the Company’s ability to reduce debt, add to cash balances, pay dividends, and repurchase stock. FCF has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, FCF does not incorporate payments made on finance lease obligations or required debt service payments. In addition, different companies define FCF differently. Therefore, we believe it is important to view FCF as a complement to our entire consolidated statements of cash flows. FCF Conversion is useful to investors for the foregoing reasons and as a measure of the rate at which the Company converts its net income reported in accordance with GAAP to cash inflows, which helps investors assess whether the Company is generating sufficient cash flow to provide an adequate return.
Results Excluding Restructuring and Other Costs and Share Reclassification Litigation Costs
In calculating certain non-GAAP financial measures, we exclude items such as restructuring and other costs and share reclassification litigation costs, and tax effects. Management makes these adjustments to facilitate a review of the Company’s operating performance on a comparable basis between periods, for comparing with forecasts and strategic plans, for identifying and analyzing trends in the Company’s underlying business and for benchmarking performance externally against competitors. We believe that investors benefit from seeing results from the perspective of management in addition to seeing results presented in accordance with GAAP for the same reasons and purposes for which management uses such non-GAAP financial measures.
MSC INDUSTRIAL DIRECT CO., INC. Reconciliation of GAAP and Non-GAAP Financial Information Fiscal Quarter Ended November 29, 2025 (In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Share Reclassification Litigation Costs
Adjusted Total MSC Industrial
Net Sales
$
965,684
$
–
$
–
$
965,684
Cost of Goods Sold
573,007
–
–
573,007
Gross Profit
392,677
–
–
392,677
Gross Margin
40.7
%
–
%
–
%
40.7
%
Operating Expenses
311,568
–
51
311,517
Operating Expenses as % of Sales
32.3
%
–
%
0.0
%
32.3
%
Restructuring and Other Costs
4,870
4,870
–
–
Income from Operations
76,239
(4,870
)
(51
)
81,160
Operating Margin
7.9
%
0.5
%
0.0
%
8.4
%
Total Other Expense
(8,725
)
–
–
(8,725
)
Income before provision for income taxes
67,514
(4,870
)
(51
)
72,435
Provision for income taxes
16,406
(1,184
)
(12
)
17,602
Net income
51,108
(3,686
)
(39
)
54,833
Net loss attributable to noncontrolling interest
(696
)
–
–
(696
)
Net income attributable to MSC Industrial
$
51,804
$
(3,686
)
$
(39
)
$
55,529
Net income per common share:
Diluted
$
0.93
$
(0.07
)
$
0.00
$
0.99
*Individual amounts may not agree to the total due to rounding.
MSC INDUSTRIAL DIRECT CO., INC. Reconciliation of GAAP and Non-GAAP Financial Information Fiscal Quarter Ended November 30, 2024 (In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Adjusted Total MSC Industrial
Net Sales
$
928,484
$
–
$
928,484
Cost of Goods Sold
550,297
–
550,297
Gross Profit
378,187
–
378,187
Gross Margin
40.7
%
–
%
40.7
%
Operating Expenses
303,563
–
303,563
Operating Expenses as % of Sales
32.7
%
–
%
32.7
%
Restructuring and Other Costs
2,344
2,344
–
Income from Operations
72,280
(2,344
)
74,624
Operating Margin
7.8
%
0.3
%
8.0
%
Total Other Expense
(11,678
)
–
(11,678
)
Income before provision for income taxes
60,602
(2,344
)
62,946
Provision for income taxes
14,908
(577
)
15,485
Net income
45,694
(1,767
)
47,461
Net loss attributable to noncontrolling interest
(929
)
–
(929
)
Net income attributable to MSC Industrial
$
46,623
$
(1,767
)
$
48,390
Net income per common share:
Diluted
$
0.83
$
(0.03
)
$
0.86
*Individual amounts may not agree to the total due to rounding.
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / December 18, 2025 / MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.87 per share. The $0.87 dividend is payable on January 28, 2026 to shareholders of record at the close of business on January 14, 2026.
# # #
Contact Information
Investors:
Media:
Ryan Mills, CFA
Leah Kelso
VP, Investor Relations & Business Development
VP, Communications & Sales Enablement
Rmills@mscdirect.com
Leah.Kelso@mscdirect.com
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / December 11, 2025 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company’s conference call to review its fiscal year 2026 first quarter results, as well as its current operations, will be broadcast online live on Wednesday, January 7, 2026 at 8:30 a.m. Eastern Time.
To access the earnings release, webcast, presentation slides and operational statistics, please visit the Company’s website at: http://investor.mscdirect.com. Alternatively, the conference call can be accessed by dialing 1-888-506-0062 (U.S.) or 1-973-528-0011 (international) and providing the access code 660475.
An online archive of the broadcast will be available within one hour of the conclusion of the call and remain available until Wednesday, January 21, 2026.
# # #
Contact Information
Investors:
Ryan Mills, CFA VP, Investor Relations & Business Development Rmills@mscdirect.com
About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates is dedicated to working side by side with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC, please visit mscdirect.com.
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / November 6, 2025 / MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced the following upcoming investor events:
Baird 2025 Global Industrial Conference
Stephens Annual Investment Conference
When:
November 11, 2025
November 18, 2025
Attendees:
Erik Gershwind, CEO
Ryan Mills, Head of Investor Relations
Erik Gershwind, CEO
Ryan Mills, Head of Investor Relations
Fireside Chat:
Tuesday, November 11, 2025, at 8:30 a.m. CST
Tuesday, November 18, 2025, at 9:00 a.m. CST
A real-time audio webcast of both fireside chats can be accessed via the Events and Presentations section of MSC Industrial Supply Co. Investor Relations website at https://investor.mscdirect.com/events-presentations. A replay of the webcasts will be available after the conclusion of each fireside chat and can be accessed on the MSC Industrial Supply Co. Investor Relations website.
# # #
Contact Information
Investors:
Media:
Ryan Mills, CFA
Leah Kelso
Head of Investor Relations
VP, Communications and Sales Enablement
Rmills@mscdirect.com
Leah.Kelso@mscdirect.com
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
Operating income of $84.3 million, or $90.3 million on an adjusted basis1
Operating margin of 8.6%, or 9.2% on an adjusted basis1
Diluted EPS of $1.01 vs. $0.99 in the prior fiscal year quarter
Adjusted diluted EPS of $1.09 vs. $1.03 in the prior fiscal year quarter1
FISCAL 2025 HIGHLIGHTS
Net sales of $3,769.5 million decreased 1.3% YoY
Operating income of $301.6 million, or $315.8 million on an adjusted basis 1
Operating margin of 8.0%, or 8.4% on an adjusted basis1
Diluted EPS of $3.57 vs. $4.58 in the prior fiscal year
Adjusted diluted EPS of $3.76 vs. $4.81 in the prior fiscal year1
Generated operating cash flow conversion of 169% and free cash flow conversion1 of 122% of net income
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / October 23, 2025 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM), (“MSC”, “MSC Industrial”, or the “Company,” “we”, “us”, or “our”) a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (“MRO”) products and services, today reported financial results for its fiscal 2025 fourth quarter and full year ended August 30, 2025.
Financial Highlights2
FY25 Q4
FY24 Q4
Change
FY25
FY24
Change
Net Sales
$
978.2
$
952.3
2.7
%
$
3,769.5
$
3,821.0
(1.3)
%
Income from Operations
$
84.3
$
90.9
(7.3)
%
$
301.6
$
390.4
(22.8
0
%
Operating Margin
8.6
%
9.5
%
8.0
%
10.2
%
Net Income Attributable to MSC
$
56.5
$
55.7
1.4
%
$
199.3
$
258.6
(22.9)
%
Diluted EPS
$
1.01
3
$
0.99
4
2.0
%
$
3.57
3
$
4.58
4
(22.1)
%
Adjusted Financial Highlights2
FY25 Q4
FY24 Q4
Change
FY25
FY24
Change
Net Sales
$
978.2
$
952.3
2.7
%
$
3,769.5
$
3,821.0
(1.3)
%
Adjusted Income from Operations 1
$
90.3
$
94.2
(4.1)
%
$
315.8
$
407.2
(22.4)
%
Adjusted Operating Margin 1
9.2
%
9.9
%
8.4
%
10.7
%
Adjusted Net Income Attributable to MSC 1
$
60.9
$
58.1
4.8
%
$
210.0
$
271.3
(22.6)
%
Adjusted Diluted EPS 1
$
1.09
3
$
1.03
4
5.8
%
$
3.76
3
$
4.81
4
(21.8)
%
1 Represents a non-GAAP financial measure. An explanation and a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure are presented in the schedules accompanying this press release.
2 In millions except percentages and per share data or as otherwise noted.
3 Based on 55.9 million weighted-average diluted shares outstanding for FY25 Q4 and FY25.
4 Based on 56.2 million and 56.4 million weighted-average diluted shares outstanding for FY24 Q4 and FY24, respectively.
Erik Gershwind, Chief Executive Officer, said, “Our fourth quarter results are evidence of the progress we are making through our Mission Critical strategy. We entered the year with three focus areas- maintain momentum in our high touch solutions, reenergize our core customer and optimize our cost to serve. As a result of execution in each of these priorities, we returned to daily sales growth in the fiscal fourth quarter for both the Core Customer and the total company. In fact, the Core Customer growth rate outpaced company average. We also returned to growth in earnings per share, with adjusted EPS in the quarter improving over 5% year over year. I am grateful for the hard work and dedication of our team members this year in supporting our goals.”
Greg Clark, Interim Chief Financial Officer, added, “We finished the year on a positive note with average daily sales improving 2.7% compared to the prior year and adjusted operating margin of 9.2% both of which exceeded our outlook. Cash generation remained favorable during the quarter resulting in free cash flow conversion of 122% for the fiscal year, ahead of our annual target. We leveraged this strong cash flow performance and our healthy balance sheet to return approximately $229 million to shareholders in the form of dividends and share repurchases.”
Martina McIsaac, President and Chief Operating Officer, concluded, “Looking out, I am encouraged by our performance exiting the fiscal year. As momentum builds, I gain increased confidence in our position to deliver profitable growth in fiscal 2026. We will continue advancing our growth initiatives and identifying areas to generate productivity, both of which are creating a strong foundation for future profitable growth. Our goal remains simple – to restore performance consistent with our long-term objectives of growing to 400 basis points or more above the IP Index and expanding adjusted operating margins to the mid-teens.”
First Quarter Fiscal 2026 Financial Outlook
ADS Growth (YoY)
Up 3.5% to 4.5%
Adjusted Operating Margin1
8.0% – 8.6%
Full-Year Fiscal 2026 Outlook for Certain Financial Metrics
Depreciation and amortization expense of ~$95M-$100M
Interest and other expense of ~$35M
Capital expenditures of ~$100M-$110M
Free cash flow conversion1 of ~90%
Tax rate of ~24.5%-25.5%
(1) Guidance provided is a non-GAAP figure presented on an adjusted basis. For further details see the Non-GAAP financial measures information presented in the schedules accompanying this press release.
Conference Call Information
MSC will host a conference call today at 8:30 a.m. EDT to review the Company’s fiscal 2025 fourth quarter and full year results. The call, accompanying slides, and other operational statistics may be accessed at: https://investor.mscdirect.com. The conference call may also be accessed at 1-888-506-0062 (U.S.) or 1-973-528-0011 (international) and providing the access code 420327.
An online archive of the broadcast will be available until November 6, 2025. The Company’s reporting date for the fiscal 2026 first quarter is scheduled for January 7, 2026.
Contact Information
Investors:
Media:
Ryan Mills, CFA
Leah Kelso
Head of Investor Relations
VP, Communications and Sales Enablement
Rmills@mscdirect.com
Leah.Kelso@mscdirect.com
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
MSC INDUSTRIAL DIRECT CO., INC. Consolidated Balance Sheets (In thousands)
August 30, 2025
August 31, 2024
ASSETS
Current Assets:
Cash and cash equivalents
$
56,228
$
29,588
Accounts receivable, net of allowance for credit losses
423,306
412,122
Inventories
644,090
643,904
Prepaid expenses and other current assets
102,930
102,475
Total current assets
1,226,554
1,188,089
Property, plant and equipment, net
346,706
360,255
Goodwill
723,702
723,894
Identifiable intangibles, net
85,455
101,147
Operating lease assets
52,464
58,649
Other assets
27,183
30,279
Total assets
$
2,462,064
$
2,462,313
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current portion of debt including obligations under finance leases
$
316,868
$
229,911
Current portion of operating lease liabilities
22,236
21,941
Accounts payable
225,150
205,933
Accrued expenses and other current liabilities
165,092
147,642
Total current liabilities
729,346
605,427
Long-term debt including obligations under finance leases
168,831
278,853
Noncurrent operating lease liabilities
30,872
37,468
Deferred income taxes and tax uncertainties
136,513
139,283
Total liabilities
$
1,065,562
$
1,061,031
Commitments and Contingencies
Shareholders’ Equity:
MSC Industrial Shareholders’ Equity:
Preferred Stock
–
–
Class A Common Stock
57
57
Additional paid-in capital
1,093,630
1,070,269
Retained earnings
432,622
456,850
Accumulated other comprehensive loss
(20,736
)
(21,144
)
Class A treasury stock, at cost
(117,363
)
(114,235
)
Total MSC shareholders’ equity
1,388,210
1,391,797
Noncontrolling interest
8,292
9,485
Total shareholders’ equity
1,396,502
1,401,282
Total liabilities and shareholders’ equity
$
2,462,064
$
2,462,313
MSC INDUSTRIAL DIRECT CO., INC. Consolidated Statements of Income (In thousands, except per share data)
(Unaudited)
Fiscal Quarters Ended
Fiscal Years Ended
August 30, 2025
August 31, 2024
August 30, 2025
August 31, 2024
Net sales
$
978,175
$
952,284
$
3,769,521
$
3,820,951
Cost of goods sold
583,196
561,676
2,233,386
2,248,168
Gross profit
394,979
390,608
1,536,135
1,572,783
Operating expenses
306,108
297,011
1,223,573
1,167,870
Restructuring and other costs
4,569
2,739
10,999
14,526
Income from operations
84,302
90,858
301,563
390,387
Other income (expense):
Interest expense
(5,731
)
(6,615
)
(24,063
)
(25,770
)
Interest income
188
110
1,130
412
Other income (expense), net
(2,610
)
(8,213
)
(15,052
)
(22,280
)
Total other expense
(8,153
)
(14,718
)
(37,985
)
(47,638
)
Income before provision for income taxes
76,149
76,140
263,578
342,749
Provision for income taxes
20,015
22,188
65,742
86,792
Net income
56,134
53,952
197,836
255,957
Less: Net loss attributable to noncontrolling interest
(412
)
(1,740
)
(1,492
)
(2,637
)
Net income attributable to MSC Industrial
$
56,546
$
55,692
$
199,328
$
258,594
Per share data attributable to MSC Industrial:
Net income per common share:
Basic
$
1.01
$
0.99
$
3.57
$
4.60
Diluted
$
1.01
$
0.99
$
3.57
$
4.58
Weighted average shares used in computing
net income per common share:
Basic
55,739
56,061
55,781
56,257
Diluted
55,890
56,223
55,894
56,441
MSC INDUSTRIAL DIRECT CO., INC. Consolidated Statements of Comprehensive Income (In thousands)
Fiscal Years Ended
August 30, 2025
August 31, 2024
Net income, as reported
$
197,836
$
255,957
Other comprehensive income, net of tax:
Foreign currency translation adjustments
707
(4,715
)
Comprehensive income
198,543
251,242
Comprehensive income attributable to noncontrolling interest:
Net loss
1,492
2,637
Foreign currency translation adjustments
(299
)
1,296
Comprehensive income attributable to MSC Industrial
$
199,736
$
255,175
MSC INDUSTRIAL DIRECT CO., INC. Consolidated Statements of Cash Flows (In thousands)
Fiscal Years Ended
August 30, 2025
August 31, 2024
Cash Flows from Operating Activities:
Net income
$
197,836
$
255,957
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
90,627
80,886
Amortization of cloud computing arrangements
1,790
1,988
Non-cash operating lease cost
24,472
22,973
Stock-based compensation
12,551
18,848
Loss on disposal of property, plant and equipment
790
687
Loss on sale of property
1,167
–
Non-cash changes in fair value of estimated contingent consideration
293
906
Provision for credit losses
7,495
7,355
Expenditures for cloud computing arrangements
(4,688
)
(20,282
)
Deferred income taxes and tax uncertainties
(2,925
)
9,706
Changes in operating assets and liabilities, net of amounts associated with business acquired:
Accounts receivable
(17,742
)
18,846
Inventories
1,719
85,098
Prepaid expenses and other current assets
482
2,027
Operating lease liabilities
(23,819
)
(23,383
)
Other assets
350
3,149
Accounts payable and accrued liabilities
43,319
(54,065
)
Total adjustments
135,881
154,739
Net cash provided by operating activities
333,717
410,696
Cash Flows from Investing Activities:
Expenditures for property, plant and equipment
(92,840
)
(99,406
)
Cash used in acquisitions, net of cash acquired
(790
)
(23,990
)
Net proceeds from sale of property
30,336
–
Net cash used in investing activities
(63,294
)
(123,396
)
Cash Flows from Financing Activities:
Repurchases of Class A Common Stock
(39,317
)
(187,695
)
Payments of regular cash dividends
(189,650
)
(187,280
)
Proceeds from sale of Class A Common Stock in connection with associate stock purchase plan
4,253
4,426
Proceeds from exercise of Class A Common Stock options
8,123
9,587
Borrowings under credit facilities
253,498
434,500
Payments under credit facilities
(254,998
)
(381,000
)
Payments under Shelf Facility Agreements and Private Placement Debt
(20,000
)
(50,000
)
Proceeds from other long-term debt
–
50,000
Contingent consideration paid
(3,500
)
–
Payments on finance lease and financing obligations
(1,512
)
(3,625
)
Other, net
(469
)
3,735
Net cash used in financing activities
(243,572
)
(307,352
)
Effect of foreign exchange rate changes on cash and cash equivalents
(211
)
(412
)
Net increase (decrease) in cash and cash equivalents
26,640
(20,464
)
Cash and cash equivalents-beginning of period
29,588
50,052
Cash and cash equivalents-end of period
$
56,228
$
29,588
Supplemental Disclosure of Cash Flow Information:
Cash paid for income taxes
$
60,284
$
79,088
Cash paid for interest
$
23,891
$
24,721
Non-GAAP Financial Measures
To supplement MSC’s unaudited selected financial data presented consistent with accounting principles generally accepted in the United States (“GAAP”), the Company discloses certain non-GAAP financial measures, including non-GAAP income from operations, non-GAAP operating margin, non-GAAP provision for income taxes, non-GAAP net income and non-GAAP diluted earnings per share, that exclude restructuring and other costs, loss on sale of property, share reclassification litigation costs, share reclassification costs (prior year) and acquisition-related costs (prior year) and tax effects, as well as free cash flow conversion, which is a measure calculated using free cash flow, which is a non-GAAP measure.
These non-GAAP financial measures are not presented in accordance with GAAP or an alternative for GAAP financial measures and may be different from similar non-GAAP financial measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP financial measure and should only be used to evaluate MSC’s results of operations in conjunction with the corresponding GAAP financial measure.
This press release also includes certain forward-looking information that is not presented in accordance with GAAP. The Company believes that a quantitative reconciliation of such forward-looking information to the most directly comparable financial measure calculated and presented in accordance with GAAP cannot be made available without unreasonable efforts because a reconciliation of these non-GAAP financial measures would require the Company to predict the timing and likelihood of potential future events such as restructurings, M&A activity, capital expenditures and other infrequent or unusual gains and losses. Neither the timing or likelihood of these events, nor their probable significance, can be quantified with a reasonable degree of accuracy. Accordingly, a reconciliation of such forward-looking information to the most directly comparable GAAP financial measure is not provided.
FCF is a non-GAAP financial measure. FCF is used in addition to and in conjunction with results presented in accordance with GAAP, and FCF should not be relied upon to the exclusion of GAAP financial measures. Management strongly encourages investors to review our financial statements and publicly-filed reports in their entirety and to not rely on any single financial measure. FCF, which we reconcile to “Net cash provided by operating activities,” is cash flow from operations reduced by “Expenditures for property, plant and equipment”. We believe that FCF, although similar to cash flow from operations, is a useful additional measure since capital expenditures are a necessary component of ongoing operations. Management also views FCF, as a measure of the Company’s ability to reduce debt, add to cash balances, pay dividends, and repurchase stock. FCF has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, FCF does not incorporate payments made on finance lease obligations or required debt service payments. In addition, different companies define FCF differently. Therefore, we believe it is important to view FCF as a complement to our entire consolidated statements of cash flows. FCF Conversion is useful to investors for the foregoing reasons and as a measure of the rate at which the Company converts its net income reported in accordance with GAAP to cash inflows, which helps investors assess whether the Company is generating sufficient cash flow to provide an adequate return. A reconciliation of cash provided by operating activities to FCF, operating cash flow conversion and FCF conversion for the fiscal quarters and years ended August 30, 2025 and August 31, 2024, respectively, is shown below.
Results Excluding Restructuring and Other Costs, Loss on Sale of Property, Share Reclassification Litigation Costs, Share Reclassification Costs (prior year) and Acquisition-Related Costs (prior year)
In calculating certain non-GAAP financial measures, we exclude restructuring and other costs, loss on sale of property, share reclassification litigation costs, share reclassification costs (prior year) and acquisition-related costs (prior year) and tax effects. Management makes these adjustments to facilitate a review of the Company’s operating performance on a comparable basis between periods, for comparison with forecasts and strategic plans, for identifying and analyzing trends in the Company’s underlying business and for benchmarking performance externally against competitors. We believe that investors benefit from seeing results from the perspective of management in addition to seeing results presented in accordance with GAAP for the same reasons and purposes for which management uses such non-GAAP financial measures.
MSC INDUSTRIAL DIRECT CO., INC.
Reconciliation of GAAP and Non-GAAP Financial Information
Fiscal Quarters and Years Ended August 30, 2025 and August 31, 2024
(dollars in thousands, except percentages)
Fiscal Quarters Ended
Fiscal Years Ended
August 30, 2025
August 31, 2024
August 30, 2025
August 31, 2024
(a) Net cash provided by operating activities
$
80,256
$
107,263
$
333,717
$
410,696
(b) Expenditures for property, plant and equipment
$
(21,731
)
$
(26,052
)
$
(92,840
)
$
(99,406
)
(a-b) = (c) Free cash flow
$
58,525
$
81,211
$
240,877
$
311,290
(d) Net income
$
56,134
$
53,952
$
197,836
$
255,957
(a)/(d) Operating cash flow conversion
143
%
199
%
169
%
160
%
(c)/(d) Free cash flow conversion
104
%
151
%
122
%
122
%
MSC INDUSTRIAL DIRECT CO., INC.
Reconciliation of GAAP and Non-GAAP Financial Information
Fiscal Quarter Ended August 30, 2025
(In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Share Reclassification Litigation Costs
Adjusted Total MSC Industrial
Net Sales
$
978,175
$
–
$
–
$
978,175
Cost of Goods Sold
583,196
–
–
583,196
Gross Profit
394,979
–
–
394,979
Gross Margin
40.4
%
–
%
–
%
40.4
%
Operating Expenses
306,108
–
1,450
304,658
Operating Expenses as % of Sales
31.3
%
–
%
(0.1
) %
31.1
%
Restructuring and Other Costs
4,569
4,569
–
–
Income from Operations
84,302
(4,569
)
(1,450
)
90,321
Operating Margin
8.6
%
0.5
%
0.1
%
9.2
%
Total Other Expense
(8,153
)
–
–
(8,153
)
Income before provision for income taxes
76,149
(4,569
)
(1,450
)
82,168
Provision for income taxes
20,015
(1,254
)
(399
)
21,668
Net income
56,134
(3,315
)
(1,051
)
60,500
Net loss attributable to noncontrolling interest
(412
)
–
–
(412
)
Net income attributable to MSC Industrial
$
56,546
$
(3,315
)
$
(1,051
)
$
60,912
Net income per common share:
Diluted
$
1.01
$
(0.06
)
$
(0.02
)
$
1.09
*Individual amounts may not agree to the total due to rounding.
MSC INDUSTRIAL DIRECT CO., INC.
Reconciliation of GAAP and Non-GAAP Financial Information
Fiscal Year Ended August 30, 2025
(In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Loss on Sale of Property
Share Reclassification Litigation Costs
Adjusted Total MSC Industrial
Net Sales
$
3,769,521
$
–
$
–
$
–
$
3,769,521
Cost of Goods Sold
2,233,386
–
–
–
2,233,386
Gross Profit
1,536,135
–
–
–
1,536,135
Gross Margin
40.8
%
–
%
–
%
–
%
40.8
%
Operating Expenses
1,223,573
–
1,167
2,094
1,220,312
Operating Expenses as % of Sales
32.5
%
–
%
0.0
%
(0.1
) %
32.4
%
Restructuring and Other Costs
10,999
10,999
–
–
–
Income from Operations
301,563
(10,999
)
(1,167
)
(2,094
)
315,823
Operating Margin
8.0
%
0.3
%
0.0
%
0.1
%
8.4
%
Total Other Expense
(37,985
)
–
–
–
(37,985
)
Income before provision for income taxes
263,578
(10,999
)
(1,167
)
(2,094
)
277,838
Provision for income taxes
65,742
(2,781
)
(295
)
(530
)
69,348
Net income
197,836
(8,218
)
(872
)
(1,564
)
208,490
Net loss attributable to noncontrolling interest
(1,492
)
–
–
–
(1,492
)
Net income attributable to MSC Industrial
$
199,328
$
(8,218
)
$
(872
)
$
(1,564
)
$
209,982
Net income per common share:
Diluted
$
3.57
$
(0.15
)
$
(0.02
)
$
(0.03
)
$
3.76
*Individual amounts may not agree to the total due to rounding.
MSC INDUSTRIAL DIRECT CO., INC.
Reconciliation of GAAP and Non-GAAP Financial Information
Fiscal Quarter Ended August 31, 2024
(In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Acquisition-related Costs
Adjusted Total MSC Industrial
Net Sales
$
952,284
$
–
$
–
$
952,284
Cost of Goods Sold
561,676
–
–
561,676
Gross Profit
390,608
–
–
390,608
Gross Margin
41.0
%
–
%
–
%
41.0
%
Operating Expenses
297,011
–
614
296,397
Operating Expenses as % of Sales
31.2
%
–
%
(0.1
) %
31.1
%
Restructuring and Other Costs
2,739
2,739
–
–
Income from Operations
90,858
(2,739
)
(614
)
94,211
Operating Margin
9.5
%
0.3
%
0.1
%
9.9
%
Total Other Expense
(14,718
)
–
–
(14,718
)
Income before provision for income taxes
76,140
(2,739
)
(614
)
79,493
Provision for income taxes
22,188
(797
)
(179
)
23,164
Net income
53,952
(1,942
)
(435
)
56,329
Net loss attributable to noncontrolling interest
(1,740
)
–
–
(1,740
)
Net income attributable to MSC Industrial
$
55,692
$
(1,942
)
$
(435
)
$
58,069
Net income per common share:
Diluted
$
0.99
$
(0.03
)
$
(0.01
)
$
1.03
*Individual amounts may not agree to the total due to rounding.
MSC INDUSTRIAL DIRECT CO., INC.
Reconciliation of GAAP and Non-GAAP Financial Information
Fiscal Year Ended August 31, 2024
(In thousands, except percentages and per share data)
GAAP Financial Measure
Items Affecting Comparability
Non-GAAP Financial Measure
Total MSC Industrial
Restructuring and Other Costs
Acquisition-related Costs
Share Reclassification Costs
Adjusted Total MSC Industrial
Net Sales
$
3,820,951
$
–
$
–
$
–
$
3,820,951
Cost of Goods Sold
2,248,168
–
–
–
2,248,168
Gross Profit
1,572,783
–
–
–
1,572,783
Gross Margin
41.2
%
–
%
–
%
–
%
41.2
%
Operating Expenses
1,167,870
–
1,079
1,187
1,165,604
Operating Expenses as % of Sales
30.6
%
–
%
0.0
%
0.0
%
30.5
%
Restructuring and Other Costs
14,526
14,526
–
–
–
Income from Operations
390,387
(14,526
)
(1,079
)
(1,187
)
407,179
Operating Margin
10.2
%
0.4
%
0.0
%
0.0
%
10.7
%
Total Other Expense
(47,638
)
–
–
–
(47,638
)
Income before provision for income taxes
342,749
(14,526
)
(1,079
)
(1,187
)
359,541
Provision for income taxes
86,792
(3,577
)
(266
)
(293
)
90,928
Net income
255,957
(10,949
)
(813
)
(894
)
268,613
Net income attributable to noncontrolling interest
(2,637
)
–
–
–
(2,637
)
Net income attributable to MSC Industrial
$
258,594
$
(10,949
)
$
(813
)
$
(894
)
$
271,250
Net income per common share:
Diluted
$
4.58
$
(0.19
)
$
(0.01
)
$
(0.02
)
$
4.81
*Individual amounts may not agree to the total due to rounding.
Erik Gershwind to Retire as CEO and Remain on Board as Non-Executive Vice Chair
Martina McIsaac to Succeed Erik Gershwind as CEO
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / October 23, 2025 / MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that Martina McIsaac, MSC’s current President and Chief Operating Officer, will succeed Erik Gershwind as Chief Executive Officer, effective January 1, 2026, and maintain her role as President. Following his planned retirement as Chief Executive Officer, Mr. Gershwind will continue to serve the Company as non-executive Vice Chair of the Board of Directors while Mitchell Jacobson remains the Company’s non-executive Chairman of the Board of Directors. Ms. McIsaac will also join the MSC Board of Directors upon assuming her new role as President and Chief Executive Officer.
The leadership transition reflects MSC’s commitment to succession planning, positioning the organization for sustained growth, and value creation. Ms. McIsaac is a seasoned executive most recently responsible for overseeing the operational and strategic direction of the Company across Sales, Field Service/Solutions, Category Management, Procurement, Pricing, Supply Chain, Sustainability, and Information Technology.
“On behalf of the entire Board, I want to express our deepest gratitude to Erik for thirteen years of exceptional leadership and unwavering dedication as CEO,” said Steven Paladino, Lead Independent Director. “Erik has shaped the Company’s direction and growth path, leading MSC’s transformation from a spot-buy supplier into a mission critical partner on the plant floor of industrial customers. He focused relentlessly on helping customers solve their Mission Critical challenges while leading strategic investments in people, technology, and acquisitions that drove substantial growth. We thank him for his leadership and are pleased he will continue to serve as Vice Chair of the Board.”
Mitchell Jacobson, the Company’s non-executive Chairman of the Board of Directors, said, “We are excited for Martina to serve as MSC’s next leader. The Board has worked closely with her over the past three years and has tremendous confidence in her. She has demonstrated a track record of operational execution and has built strong relationships with our customers, suppliers, and all stakeholders. She will build on recent momentum and drive the innovation and growth necessary to achieve our Mission Critical objectives.”
Erik Gershwind, Chief Executive Officer, said, “Reflecting on nearly thirty years with MSC and thirteen years as CEO, I am proud of what our team has accomplished. The culture we have molded and the strategies we have implemented set the company up for great success moving forward. It has been an honor to lead this company, and I want to thank Steve and our Board for their trust and guidance. I’m excited to continue supporting the Company as Vice Chair of the Board.”
Mr. Gershwind continued, “Martina has demonstrated exceptional leadership and vision, and I am confident in her ability to lead MSC into its next phase of growth. During her tenure thus far, we have improved execution, strengthened our market position, and enhanced our customer value proposition.”
Martina McIsaac, President and Chief Operating Officer concluded, “I am honored by the Board’s confidence and excited to step into this expanded role, leading MSC into its next chapter. Over the past three years, I’ve had the privilege of working alongside an exceptional team of associates that deliver for our customers day in and day out. I am energized by the opportunities ahead to accelerate growth, build on our strong foundation, and fulfill our mission to be the best industrial distributor for our associates, customers, suppliers, and shareholders.”
Martina McIsaac is President and Chief Operating Officer of MSC Industrial Supply Co. In this role, she has overall responsibility for the entirety of MSC’s day-to-day operations, which include Sales, Field Service/Solutions, Category Management, Procurement, Pricing, Supply Chain, Sustainability and Information Technology.
Ms. McIsaac joined MSC in 2022 as Executive Vice President and Chief Operating Officer and in 2024 was appointed as MSC’s President and Chief Operating Officer. Prior to joining MSC, Ms. McIsaac served a nine-year tenure with Hilti Corporation, a multinational company that develops, manufactures and markets hardware, software and services for the construction, building maintenance, energy and manufacturing industries. Most recently, she served as Region Head and Chief Executive Officer of Hilti, Inc., leading the North America organization. Prior to joining Hilti, Ms. McIsaac held a series of progressively responsible leadership roles with Avery Dennison, a Fortune 500 global materials science and manufacturing company. During her 14-year tenure with Avery Dennison, Ms. McIsaac served in a range of sales, marketing, business development and operational roles in Mexico, Argentina, Chile, Canada and the U.S. prior to being named Vice President and General Manager of the Performance Polymers Division.
Ms. McIsaac holds a bachelor’s degree in economics from Western University and a master’s degree in international business from the University of South Carolina, where she serves on the board of the Folks Center for International Business. Ms. McIsaac is a signatory to the Catalyst CEO Champions for Change pledge, joining other high-profile leaders who are personally committed to helping organizations solve business challenges by attracting and retaining talent, fostering innovation and driving performance. She is a member of the Appalachian State University Supply Chain Advisory Board, the Texas Women’s Foundation’s Economic Leadership Council, a past chair of the Dallas Habitat for Humanity Women Build and past member of the Board of Directors for United Way of Metropolitan Dallas.
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.5 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / September 22, 2025 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company’s conference call to review its fiscal year 2025 fourth quarter and full year results, as well as its current operations, will be broadcast online live on Thursday, October 23, 2025 at 8:30 a.m. Eastern Time.
To access the earnings release, webcast, presentation slides and operational statistics, please visit the Company’s website at: http://investor.mscdirect.com. Alternatively, the conference call can be accessed by dialing 1-888-506-0062 (U.S.) or 1-973-528-0011 (international) and providing the access code 420327.
An online archive of the broadcast will be available within one hour of the conclusion of the call and remain available until Thursday, November 6, 2025.
About MSC Industrial Supply Co. MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.4 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates is dedicated to working side by side with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC, please visit mscdirect.com.
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / October 7, 2025 / MSC Industrial Supply Co. (NYSE:MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.87 per share. This represents an increase of approximately 2.4% from the previously paid regular quarterly dividend of $0.85 per share. The $0.87 dividend is payable on November 26, 2025 to shareholders of record at the close of business on November 12, 2025.
# # #
Contact Information
Investors:
Media:
Ryan Mills, CFA
Leah Kelso
Head of Investor Relations
VP, Communications and Sales Enablement
Rmills@mscdirect.com
Leah.Kelso@mscdirect.com
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE:MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.4 million products, inventory management and other supply chain solutions, and deep expertise from more than 80 years of working with customers across industries. Our experienced team of more than 7,000 associates works with our customers to help drive results for their businesses – from keeping operations running efficiently today to continuously rethinking, retooling and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Statements in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or developments that MSC expects, believes or anticipates will or may occur in the future, including statements about results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth and profitability, are forward-looking statements. The words “will,” “may,” “believes,” “anticipates,” “thinks,” “expects,” “estimates,” “plans,” “intends” and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management’s assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: general economic conditions in the markets in which we operate; changing customer and product mixes; volatility in commodity, energy and labor prices, and the impact of prolonged periods of low, high or rapid inflation; competition, including the adoption by competitors of aggressive pricing strategies or sales methods; industry consolidation and other changes in the industrial distribution sector; the applicability of laws and regulations relating to our status as a supplier to the U.S. government and public sector; the credit risk of our customers; our ability to accurately forecast customer demands; interruptions in our ability to make deliveries to customers; supply chain disruptions; our ability to attract and retain sales and customer service personnel; the risk of loss of key suppliers or contractors or key brands; changes to trade policies or trade relationships, including tariff policies; risks associated with opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; interruption of operations at our headquarters or customer fulfillment centers; products liability due to the nature of the products that we sell; impairments of goodwill and other indefinite-lived intangible assets; the impact of climate change; operating and financial restrictions imposed by the terms of our material debt instruments; our ability to access additional liquidity; the significant influence that our principal shareholders will continue to have over our decisions; our ability to execute on our E-commerce strategies and maintain our digital platforms; costs associated with maintaining our information technology (“IT”) systems and complying with data privacy laws; disruptions or breaches of our IT systems or violations of data privacy laws, including such disruptions or breaches in connection with our E-commerce channels; risks related to online payment methods and other online transactions; our ability to remediate a material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting and our disclosure controls and procedures in the future; the retention of key management personnel; litigation risk due to the nature of our business; failure to comply with environmental, health, and safety laws and regulations; and our ability to comply with, and the costs associated with, social and environmental responsibility policies. Additional information concerning these and other risks is described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
