Quarterly ResultJul 1, 2026, 06:46 AM
MSC Industrial Q3 Net Sales $1.05B, Diluted EPS $1.44
AI Summary
MSC Industrial Direct Co., Inc. reported strong fiscal third-quarter 2026 results, with net sales increasing 7.8% year-over-year to $1,047.1 million and diluted EPS rising 41.2% to $1.44. Adjusted diluted EPS was $1.43, up 32.4% from the prior year, exceeding expectations due to strength in Core Customer and National Accounts. The company also achieved significant operating margin expansion and provided a positive outlook for fiscal Q4 2026, projecting average daily sales growth of 6.5% to 8.5% and an adjusted operating margin of 10.0% to 10.8%.
Key Highlights
- Net sales for fiscal Q3 2026 increased 7.8% year-over-year to $1,047.1 million.
- Diluted EPS was $1.44, a 41.2% increase compared to $1.02 in the prior fiscal year quarter.
- Adjusted diluted EPS reached $1.43, up 32.4% from $1.08 in the prior fiscal year quarter.
- Operating income grew 29.0% to $106.7 million, with an adjusted operating income of $111.2 million.
- Operating margin was 10.2%, or 10.6% on an adjusted basis, expanding 160 basis points YoY.
- Fiscal Q4 2026 outlook projects Average Daily Sales growth of 6.5% to 8.5%.
- Fiscal Q4 2026 outlook for Adjusted Operating Margin is 10.0% to 10.8%.
- Full-year fiscal 2026 outlook maintains free cash flow conversion of approximately 95%.
Price Impact
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