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Msc Industrial Direct Company (MSM)
NYSE:MSM
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Earnings Data
Report Date
Apr 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
1.18Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 09, 2019
|% Change Since: 3.48%
|Next Earnings Date:Oct 30, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While the company exceeded revenue expectations and showed strong performance in the public sector and mission-critical initiatives, it continues to face challenges with declining average daily sales and soft manufacturing end markets. The company appears well-positioned for future growth, but current market conditions remain challenging.Company Guidance
During the earnings call, MSC Industrial Supply provided guidance that highlighted a range of financial metrics and strategic initiatives. For the fiscal first quarter, the company reported a 2.7% decline in average daily sales year-over-year, which was above their guidance range of a 4.5% to 5.5% decrease. Gross margin stood at 40.7%, while the adjusted operating margin was 8%, exceeding expectations. The company achieved a robust free cash flow conversion of 179%. Looking ahead to the fiscal second quarter, MSC expects average daily sales to decline between 3% and 5% year-over-year, with an adjusted operating margin projected between 6.5% and 7.5%. The call also emphasized ongoing initiatives under their mission-critical program, including improvements in their high-touch solutions offering and e-commerce platform, as well as strategies for optimizing their cost to serve. Furthermore, the company is preparing for potential impacts from tariffs, with about 10% of cost of goods sold sourced from China. Management expressed optimism for longer-term growth prospects driven by North American manufacturing trends and internal productivity initiatives.Exceeded Revenue Expectations
Sales of $928 million declined 2.7% year-over-year but exceeded prior expectations of a 4.5% to 5.5% decline. This was driven by better-than-expected performance in the public sector and solutions.
Strong Performance in Public Sector
Public sector sales improved by 9.8% year-over-year, demonstrating robust growth and effective implementation of new sales strategies.
Free Cash Flow Conversion
Achieved a free cash flow conversion rate of 179%, showcasing strong cash generation capabilities.
Progress in Mission-Critical Program
Achieved a 29% increase in implant programs and a 10% increase in installed vending machines year-over-year, indicating progress in growth initiatives.
OEM Category Growth
The OEM category showed healthy year-over-year growth due to accelerated cross-selling activities.
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MSM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MSM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 08, 2025 | $79.03 | $81.78 | +3.48% |
| Oct 24, 2024 | $79.24 | $76.25 | -3.77% |
| Jul 02, 2024 | $75.86 | $77.60 | +2.29% |
| Mar 28, 2024 | $95.67 | $93.28 | -2.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Msc Industrial Direct Company (MSM) report earnings?
Msc Industrial Direct Company (MSM) is schdueled to report earning on Apr 03, 2025, TBA Not Confirmed.
What is Msc Industrial Direct Company (MSM) earnings time?
Msc Industrial Direct Company (MSM) earnings time is at Apr 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MSM EPS forecast?
MSM EPS forecast for the fiscal quarter 2025 (Q2) is 0.69.
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