Msc Industrial Direct Company, Inc. · NYSE:MSM
Msc Industrial Direct — Q1 2020 Earnings Presentation
9 slides from Msc Industrial Direct's earnings presentation, Jan 8, 2020
Slide 1: Fiscal 2020 Q1 Earnings Presentation
Fiscal 2020 Q1 Earnings Presentation January 8, 2020
Slide 2: Risks and Non-GAAP Disclosures
Risks and Non-GAAP Disclosures Statements in this presentation may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or
Slide 3: FY 2020 Q1 Results
FY 2020 Q1 Results (dollars in millions, except per share data and as otherwise noted) FY 2020 Q1 Guidance FY 2020 Q1 Midpoint FY 2020 Q1 Excluding Excluding FY 2020 Q1 Severance/ Severance/ Severance/ FY 2019 Q1 Reported Separation Separation Separation Reported Results Costs Costs(1) Costs(1) Resu
Slide 4: FY 2020 Q2 Guidance
FY 2020 Q2 Guidance (dollars in millions, except per share data and as otherwise noted) FY 2020 Q2 FY 2019 Q2 Total Company Reported Guidance Results Net Sales $781 – $798 $823.0 Gross Margin 41.8% – 42.2% 42.7% Operating Margin 9.5% – 9.9% 11.7% Diluted EPS $0.97– $1.03 $1.24 | 08-Jan-2020 4
Slide 5: FY 2020 Annual Operating Margin Framework
FY 2020 Annual Operating Margin Framework(1) MSC Growth Level Expansion from (42.0% to 42.8%) MSC Gross Margin Range FY19 Q4 11.3% 12.0% (+/- 50 bps) (+/- 50 bps) Contraction from (41.2% to 42.0%) FY19 Q4 10.7% 11.3% (+/- 50 bps) (+/- 50 bps) Slightly Negative Slightly Positive (-4% to 0%) (0% to 4%
Slide 6: Non-GAAP Financial Measures
Reconciliations Non-GAAP Financial Measures •Free Cash Flow (“FCF”) Our measure of “FCF” meets the definition of a non-GAAP financial measure. FCF is used in addition to and in conjunction with results presented in accordance with Generally Accepted Accounting Principles (“GAAP”) and FCF should not
Slide 7: Reconciliations – Free Cash Flow
Reconciliations – Free Cash Flow MSC INDUSTRIAL SUPPLY CO. AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Information Thirteen Weeks Ended November 30, 2019 and December 1, 2018 (dollars in thousands) GAAP Measure Items Affecting Comparability Non-GAAP Measure Net cash provided by operating ac
Slide 8: Reconciliations – Fiscal 2020 Q1 Severance and Separation costs impact
Reconciliations – Fiscal 2020 Q1 Severance and Separation costs impact MSC INDUSTRIAL SUPPLY CO. AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Information Thirteen Weeks Ended November 30, 2019 (dollars in thousands, except per share data) GAAP Measure Items Affecting Comparability Non-GAAP M
Slide 9: Reconciliations – Fiscal 2020 Q1 Guidance Severance and Separation costs impact
Reconciliations – Fiscal 2020 Q1 Guidance Severance and Separation costs impact (from previous quarter) MSC INDUSTRIAL SUPPLY CO. AND SUBSIDIARIES Reconciliation of GAAP and Non-GAAP Information Guidance for Thirteen Weeks Ended November 30, 2019* (dollars in millions, except per share data) GAAP Me
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