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MSM Stock News Image - prnewswire.com

MELVILLE, N.Y. and DAVIDSON, N.C.

prnewswire.com 2024 Jun 25
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MSC Industrial (MSM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

zacks.com 2024 Jun 25
MSM Stock News Image - zacks.com

A nasty downtrend has been intact for months here on MSC.

zacks.com 2024 Jun 21
MSM Stock News Image - prnewswire.com

MELVILLE, N.Y. and DAVIDSON, N.C.

prnewswire.com 2024 Jun 17
MSM Stock News Image - seekingalpha.com

MSC Industrial Direct Co. shares plunged 10.4% after management reported lower-than-expected revenue and earnings for the third quarter of 2024. Financial performance for the first half of 2024 also showed declines in revenue, net income, operating cash flow, and EBITDA compared to the previous year. Management revised guidance for the year, now expecting lower average daily sales, operating margin, and net income due to various factors impacting the business.

seekingalpha.com 2024 Jun 15
MSM Stock News Image - seekingalpha.com

MSC Industrial Direct Co Inc (NYSE:MSM ) Q3 2024 Earnings Conference Call June 14, 2024 8:30 AM ET Company Participants Ryan Mills - Head of Investor Relations Erik Gershwind - President and Chief Executive Officer Kristen Actis-Grande - Executive Vice President and Chief Financial Officer Conference Call Participants Quinn Fredrickson - Baird Ken Newman - KeyBanc Capital Markets Stephen Volkmann - Jefferies Patrick Baumann - JPMorgan Operator Good morning and welcome to the MSC Industrial Supply Fiscal 2024 Preliminary Third Quarter Results and Annual Outlook Update Conference Call. All participants will be in listen-only mode.

seekingalpha.com 2024 Jun 14
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MSC Industrial (MSM) expects an adjusted operating margin of 10.5%-10.7%, down from the prior stated 12-12.8%.

zacks.com 2024 Jun 14
MSM Stock News Image - benzinga.com

U.S. stock futures were lower this morning, with the Dow futures falling around 250 points on Friday.

benzinga.com 2024 Jun 14
MSM Stock News Image - prnewswire.com

PRELIMINARY FISCAL 2024 Q3 RESULTS Net sales of approximately $978-$980 million down 7.3%-7.1% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior year Average daily sales up approximately 3% sequentially compared to the fiscal second quarter, which had one less selling day GAAP Earnings Per Share (EPS) expected to be in the range of $1.26 - $1.28 Adjusted EPS* expected to be in the range of $1.32 - $1.34 Company to discuss preliminary financial results and drivers of updated outlook on June 14, 2024 at 8:30AM EDT Company to release final fiscal third quarter 2024 financial results and conduct conference call on July 2, 2024 at 8:30AM EDT * 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.

prnewswire.com 2024 Jun 13
MSM Stock News Image - The Motley Fool

MSC Industrial may miss its full-year sales expectations due to a weak start to the year for its end markets. The second-half recovery that many industrial companies are expecting may be delayed.

The Motley Fool 2024 Apr 13
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