| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 1.0K | 14.1% | 7.8% |
| Total Income | 1.0K | 14.1% | 7.8% |
| Expenditure | 940.34 | 10.2% | 5.8% |
| PBT | 104.24 | 86.1% | 38.8% |
| Net Profit | 80.36 | 89.2% | 41.4% |
| OPM | 10.20% | 3.14pp | 1.68pp |
| NPM | 7.67% | 3.05pp | 1.82pp |
| EPS | 1.44 | 89.5% | 41.2% |
MSC Industrial Reports Fiscal 2026 Third Quarter Results
01 Jul 2026 · 1 Jul, 4:16 pm
Summary
MSC Industrial Supply Co. reported strong fiscal 2026 third quarter results, with net sales increasing 7.8% year-over-year to $1,047.1 million. The company saw significant improvements in profitability, with operating income up 29.0% to $106.7 million and diluted EPS rising 41.2% to $1.44. Management highlighted that the results exceeded expectations, driven by strength in the Core Customer segment and notable improvement in National Accounts, with a focus on fundamental improvements and strategic changes to strengthen the business.
Key Highlights
- 1
Net sales of $1,047.1 million increased 7.8% year-over-year for the fiscal 2026 third quarter.
- 2
Operating income was $106.7 million, or $111.2 million on an adjusted basis, representing a 29.0% increase from the prior year quarter on a GAAP basis.
- 3
Operating margin was 10.2%, or 10.6% on an adjusted basis, an improvement from 8.5% in the prior fiscal year quarter.
- 4
Diluted EPS was $1.44, a 41.2% increase compared to $1.02 in the prior fiscal year quarter.
- 5
Adjusted diluted EPS was $1.43, a 32.4% increase compared to $1.08 in the prior fiscal year quarter.
- 6
Year-to-date net sales of $2,930.5 million increased 5.0% compared to the prior year period.
- 7
Year-to-date net income attributable to MSC was $174.7 million, a 22.3% increase compared to the prior year period.
Management Comments
Martina McIsaac
Our fiscal 3Q results that exceeded expectations provide evidence that we are fundamentally doing more with less and taking the right steps. Underpinning this improved performance was strength in the Core Customer, which continued to outperform the total company, and notable improvement in National Accounts. I am grateful for the hard work and dedication of our team members that has allowed us to advance the strategic changes being made to strengthen the business. While we are encouraged by these results, there is further room to improve. We will continue advancing the benefits from our strategic initiatives and improving our cost structure that supported our improved performance this quarter. I am confident this progress will continue, which will be critical in the coming quarters as we begin to lap stronger benefits from price.
Greg Clark
Average daily sales exceeded the high-end of our outlook with year-over-year improvement of 7.8% driven by benefits from price and volumes returning to growth in the quarter. We successfully capitalized on this growth by delivering 170 basis points of operating margin expansion, or 160 basis points on an adjusted basis year-over-year, above the higher end of our outlook range. This improved performance resulted in meaningful GAAP and adjusted earnings per share growth of more than 40% and 30% respectively, as well as an incremental operating margin of 32% in the quarter.
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