Business
MSC Industrial Supply Co. Reports Fiscal 2026 First Quarter Results
FISCAL 2026Q1 HIGHLIGHTS Net sales of $965.7 million increased 4.0% YoY Operating i...
About this update from Metalsource Mining Inc.
[{"type":"text","content":"MSC Industrial Supply Co. Reports Fiscal 2026 First Quarter ResultsFISCAL 2026Q1 HIGHLIGHTSNet sales of $965.7 million increased 4.0% YoYOperating income of $76.2 million, or $81.2 million on an adjusted basis1Operating margin of 7.9%, or 8.4% on an adjusted basis1Diluted EPS of $0.93 vs. $0.83 in the prior fiscal year quarterAdjusted diluted EPS of $0.99 vs. $0.86 in the prior fiscal year quarter1 MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / January 7, 2026 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM) (\"MSC,\" \"MSC Industrial,\" the \"Company,\" \"we,\" \"us,\" or \"our\"), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2026 first quarter ended November 29, 2025.Financial Highlights 2 FY26 Q1 FY25 Q1 Change Net Sales $965.7 $928.5 4.0%Income from Operations $76.2 $72.3 5.5%Operating Margin 7.9% 7.8% Net Income Attributable to MSC $51.8 $46.6 11.1%Diluted EPS $0.933 $0.833 12.0% Adjusted Financial Highlights 2 FY26 Q1 FY25 Q1 Change Net Sales $965.7 $928.5 4.0%Adjusted Income from Operations 1 $81.2 $74.6 8.8%Adjusted Operating Margin 1 8.4% 8.0% Adjusted Net Income Attributable to MSC 1 $55.5 $48.4 14.8%Adjusted Diluted EPS 1 $0.993 $0.863 15.1%1 Represents a non-GAAP financial measure. An explanation and a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure are presented in the schedules accompanying this press release.2 In millions except percentages and per share data or as otherwise noted.3 Based on 56.0 million and 56.1 million weighted-average diluted shares outstanding for FY26 Q1 and FY25 Q1, respectively.Martina McIsaac, President and Chief Executive Officer, said, \"We began the fiscal year on solid footing by executing on the continued momentum from our recent growth initiatives. This resulted in average daily sales growth at the midpoint of our outlook and approximately 180 basis points above the Industrial Production Index, despite headwinds related to the government shutdown of roughly 100 basis points. As a result of our improving levels of execution and focus on optimizing costs, we returned to profitable growth in the fiscal first quarter.\"Greg Clark, Vice President and Interim Chief Financial Officer, added, \"We succes...