Oct 22, 7:13 AM ET
MSC Industrial reported fiscal 2026 fourth-quarter net sales of $1,079.2 million, up 10.3% from a year earlier, while GAAP diluted EPS fell to $0.85 from $1.01 after a $41.8 million asset impairment charge. For the full year, net sales rose 6.4% to $4,009.7 million and GAAP diluted EPS rose 11.5% to $3.98, and the company issued first-quarter fiscal 2027 sales growth and adjusted operating margin guidance.
- Q4 adjusted diluted EPS was $1.45, up 33.0% from $1.09; GAAP diluted EPS was $0.85, down 15.8% from $1.01
- Q4 income from operations was $72.8 million, down 13.6%, including $41.8 million in asset impairment and related charges
- Full-year fiscal 2026 adjusted diluted EPS was $4.69, up 24.7% from $3.76
- First-quarter fiscal 2027 guidance: average daily sales growth of 9.5% to 10.5% and adjusted operating margin of 9.5% to 10.1%
Read the filing on SEC.gov ↗
Sep 8, 8:39 AM ET
MSC Industrial Direct named Robert Kuhns, former CFO of TopBuild Corp., as executive vice president and chief financial officer effective September 14, 2026. Greg Clark, interim CFO since August 2025, resigned from that role on the same date and will remain vice president of finance and corporate controller. The filing does not include financial results or guidance.
- Robert Kuhns, age 52, was CFO of TopBuild Corp. from March 2022 until its acquisition by QXO, Inc. in July 2026.
- Offer letter provides a $650,000 annual base salary, a fiscal 2027 target bonus of 85% of base salary, and an equity award with a $1,500,000 grant date value.
- Sign-on grant of restricted stock units with a $1,500,000 grant date fair value vests in equal amounts over four years.
- Greg Clark resigned as interim CFO effective September 14, 2026 and continues as vice president of finance and corporate controller.
Read the filing on SEC.gov ↗
Aug 19, 4:42 PM ET
MSC Industrial Direct disclosed that board member Louise Goeser notified the company on August 13, 2026, that she will not stand for re-election at the 2027 annual meeting of shareholders. The company said the decision is part of her retirement planning and not the result of any disagreement over operations, policies or practices.
- Louise Goeser notified the company on August 13, 2026 of her decision.
- She will not stand for re-election at the 2027 Annual Meeting of Shareholders.
- The company states the decision is part of retirement planning, with no disagreements over operations, policies or practices.
- Filing signed August 19, 2026 by Greg Clark, Vice President and Interim Chief Financial Officer.
Read the filing on SEC.gov ↗
Jul 1, 6:41 AM ET
MSC Industrial reported fiscal 2026 third-quarter results for the period ended May 30, 2026. Net sales rose 7.8% to $1,047.1 million, and GAAP diluted EPS was $1.44, up from $1.02 a year earlier. The company also gave a fourth-quarter outlook of 6.5% to 8.5% average daily sales growth and an adjusted operating margin of 10.0% to 10.8%.
- Net sales of $1,047.1 million, up 7.8% from $971.1 million in the prior-year quarter.
- Income from operations of $106.7 million vs. $82.7 million; diluted EPS of $1.44 vs. $1.02.
- Adjusted diluted EPS (non-GAAP) of $1.43 vs. $1.08 a year earlier.
- Q4 fiscal 2026 outlook: average daily sales growth of 6.5% to 8.5% and adjusted operating margin of 10.0% to 10.8%.
Read the filing on SEC.gov ↗
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