Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Msc Industrial Direct Company (MSM)
NYSE:MSM
Holding MSM?
Track your performance easily
Earnings Data
Report Date
Jan 08, 2025Before Open Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
$0.73Last Year’s EPS
$1.25Same Quarter Last Year
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -3.81%
|Next Earnings Date:Jan 08, 2025
Earnings Call Sentiment|Neutral
The earnings call indicates a challenging environment for MSC Industrial Supply with significant declines in average daily sales, weakness in national accounts, and a challenging manufacturing environment. Despite these challenges, the company reported strong operating cash flow, increased implant programs and vending machines, and improved gross margins, suggesting some positive execution amidst broader market difficulties.Company Guidance
During the MSC Industrial Supply's Q4 2024 earnings call, the company provided detailed guidance and metrics highlighting its financial performance and strategic initiatives. The company reported a 4.7% decline in average daily sales for the fiscal year, mainly affected by a 160-basis point headwind from non-repeating Public Sector orders. However, gross margins improved by 20 basis points year-over-year to 41.2%. The operating margin, both reported and adjusted, declined by 190 basis points to 10.2% and 10.7%, respectively, aligning with the high end of their guidance range. This resulted in reported earnings per share of $4.58 and adjusted earnings per share of $4.81, with $0.17 of the $1.48 adjusted EPS decline attributed to higher interest and other expenses. Looking ahead to fiscal 2025, MSC anticipates continued challenges, expecting a 4.5% to 5.5% decline in average daily sales in Q1. Despite this, the company is focused on productivity initiatives and strategic investments, such as network optimization and enhanced sales strategies, aiming for a long-term positive outlook with anticipated operating expense moderation and growth in fiscal 2026.Strong Operating Cash Flow
Generated $410 million of operating cash flow in fiscal 2024, which is 160% of net income, well above the stated target of greater than 125%.
Increased Implant Program and Vending Machines
Improved implant program count by 29% to 342 and total installed vending machines by 9% to over 27,000 at fiscal year-end.
Record Documented Customer Savings
Presented roughly $500 million in documented savings to customers, aiding large account wins.
Gross Margin Improvement
Fiscal full year gross margins of 41.2% improved 20 basis points year-over-year.
---
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
---
MSM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $80.07 | $77.05 | -3.77% |
| Jul 02, 2024 | $76.66 | $78.41 | +2.28% |
| Mar 28, 2024 | $96.67 | $94.26 | -2.49% |
| Jan 09, 2024 | $92.88 | $89.98 | -3.12% |
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 08, 2025, Before Open Not Confirmed.
What is Msc Industrial Direct Company (MSM) earnings time?
Msc Industrial Direct Company (MSM) earnings time is at Jan 08, 2025, Before Open 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 (Q1) is $0.73.
---