The earnings call presented a mixed view with positive trends in daily sales growth, EPS improvement, and strategic initiatives like high-touch solutions expansion. However, challenges such as declining gross margins, national accounts performance, and public sector sales due to the government shutdown were significant concerns.
Company Guidance
During the fiscal year 2025 earnings call, MSC Industrial Direct provided guidance indicating a positive outlook for fiscal year 2026. The company reported a fiscal fourth-quarter average daily sales growth of 2.7% year-over-year, with expectations for this growth to increase to between 4% and 5% in the coming months. They projected adjusted operating margins within the range of 8.0% to 8.6% for the fiscal first quarter of 2026, with a gross margin expected to improve to approximately 40.7%. The company also highlighted several key metrics, such as a 10% year-over-year increase in installed vending machines and a 20% increase in implant programs, both contributing to overall sales growth. Operating expenses were reported at $306 million, with adjusted operating expenses at $305 million. MSC anticipates incremental margins of approximately 20% at mid-single-digit revenue growth for fiscal 2026.
Positive Average Daily Sales Growth
Average daily sales improved 2.7% year-over-year in Q4 and returned to growth for the core customer base.
EPS Growth
EPS grew nearly 6% year-over-year, reaching $1.09 from $1.03 in the prior year.
High-Touch Solutions Expansion
Installed vending count grew 10% year-over-year, and daily sales from customers with an implant program grew 11% year-over-year.
Strong Cash Flow
Free cash flow conversion was 122% for the fiscal year, ahead of the annual target.
Leadership Transition
Martina McIsaac to succeed Erik Gershwind as CEO, signaling continuity and strategic focus.
MSC Industrial (MSM) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
MSM Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 23, 2025
$87.04
$89.73
+3.09%
Jul 01, 2025
$84.22
$89.47
+6.23%
Apr 03, 2025
$77.59
$73.55
-5.21%
Jan 08, 2025
$77.34
$80.04
+3.49%
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.
FAQ
When does Msc Industrial Direct Company (MSM) report earnings?
Msc Industrial Direct Company (MSM) is schdueled to report earning on Jan 14, 2026, Before Open (Confirmed).
What is Msc Industrial Direct Company (MSM) earnings time?
Msc Industrial Direct Company (MSM) earnings time is at Jan 14, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.