MSC Industrial Direct Co., Inc.

MSC Industrial Supply Co. Reports Fiscal 2026 Fourth Quarter and Full Year Results

MSC Industrial reported fiscal Q4 2026 results above expectations, with record quarterly net sales of $1.08 billion, up 10.3% year-over-year. Adjusted diluted EPS rose 33% to $1.45 and adjusted operating margin hit 10.9%, exceeding the high end of guidance, driven by ~10% core customer growth and 8.6% average daily sales growth. GAAP EPS fell 15.8% to $0.85 due to $41.8 million in asset impairment charges. Full-year FY26 revenue was $4.01 billion (+6.4%) with adjusted EPS of $4.69 (+24.7%). Management guided Q1 FY27 average daily sales growth of 9.5%-10.5% with adjusted operating margin of 9.5%-10.1%, citing low double-digit sales growth trends to date.

•17d ago

MSC Industrial Supply Co. Declares Increase in Regular Quarterly Dividend

MSC Industrial Supply Co. declared a quarterly cash dividend of $0.89 per share, an increase of roughly 2.3% from the prior $0.87 payout. The dividend is payable November 25, 2026 to shareholders of record at the close of business on November 11, 2026. The modest raise continues the industrial distributor's regular dividend policy and signals steady confidence in cash generation.

•25d ago

MSC Industrial Supply Co. Has Named Rob Kuhns Chief Financial Officer

MSC Industrial Supply Co. (NYSE: MSM) has named Rob Kuhns as Executive Vice President and Chief Financial Officer, adding a finance leader with more than 30 years of experience to its leadership team. Kuhns most recently served as CFO of TopBuild Corp., where he helped drive market capitalization growth from $6B to $14B through disciplined capital allocation, strategic acquisitions, and operational execution. He previously held senior corporate finance roles at Mohawk Industries, NCH Corporation, and Ingersoll Rand. CEO Martina McIsaac said Kuhns will be instrumental as MSC advances its strategy toward long-term financial targets; he will be based at the company's Davidson, North Carolina corporate office.

•2mo ago

MSC Industrial Supply Co. Earns Great Place to Work Certification(TM) for Third Consecutive Year

MSC Industrial Supply Co. earned Great Place To Work Certification for the third consecutive year in the U.S. and the second year in Canada, Mexico, and the U.K. The certification relies on associate feedback, with 70% of employees reporting a positive workplace experience—13 points higher than the average U.S. company. CEO Martina McIsaac attributed the recognition to the company's culture and reiterated a commitment to investing in its people and fostering an empowering environment.

•2mo ago

Mining in the Carolinas - Betting on History for a Second Wave of Discovery

Albemarle's Kings Mountain project in North Carolina reached a milestone in March 2026 with the completion of open pit dewatering, which removed over a billion gallons of water. The proposed mine holds the potential to produce nearly 3.1 million tons of lithium-bearing spodumene ore annually, serving as a potential cornerstone for a domestic supply chain. The development is cited as part of a broader resurgence in mining activity across the Carolina Slate Belt, alongside other juniors exploring the region.

•4mo ago

MSC Industrial Supply Co. Reports Fiscal 2026 Third Quarter Results

MSC Industrial Supply reported fiscal Q3 net sales of $1.05 billion, up 7.8% year-over-year, driven by price and volume growth. Operating margin expanded significantly to 10.2% (10.6% adjusted), resulting in diluted EPS of $1.44, a 41% increase from the prior year. The company provided Q4 guidance for ADS growth of 6.5%-8.5% and adjusted operating margin of 10.0%-10.8%.

•4mo ago