Msc Industrial Direct Company, Inc. · NYSE:MSM
Msc Industrial Direct — Q4 2026 Earnings Presentation
25 slides from Msc Industrial Direct's earnings presentation, Oct 22, 2026
Slide 1: Fiscal Fourth Quarter 2026 Earnings
FISCAL FOURTH QUARTER 2026 EARNINGS OCTOBER 22, 2026
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Statements in this presentation may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact, that address activities, events or develop
Slide 3: Fiscal Fourth Quarter 2026 Highlights
FISCAL FOURTH QUARTER 2026 HIGHLIGHTS 1 Average daily sales (“ADS”) up 8.6% and above the high-end of our outlook driven by stronger than anticipated volumes 2 Gross margin of 40.6% in line with our expectations and historical sequential averages 3 Reported operating margin down 190 bps from asset i
Slide 4: Introducing MSC's New Chief Financial Officer
INTRODUCING MSC’S NEW CHIEF FINANCIAL OFFICER Rob Kuhns EVP & CFO Joined MSC as Executive Vice President and CFO in September 8 years spent with TopBuild, where he served as CFO for 4 years Extensive distribution and industrial sector experience Proven track record of driving profitable grow
Slide 5: Fiscal 4Q Results and Milestones Demonstrate Execution Is Improving
FISCAL 4Q RESULTS AND MILESTONES ACHIEVED THROUGHOUT THE FISCAL YEAR DEMONSTRATE EXECUTION IS IMPROVING FISCAL 4Q’26 HIGHLIGHTS 8.6% 170bps ~27% ~33% YOY AVERAGE YOY ADJUSTED ADJUSTED* INCREMENTAL YOY ADJUSTED DAILY SALES OPERATING MARGIN* OPERATING MARGIN** EARNINGS PER SHARE* FY26 ACHIEVEMENTS SAL
Slide 6: Building Momentum from Efficiency and Share Capture Efforts
BUILDING MOMENTUM FROM EFFORTS TO DRIVE EFFICIENCIES AND CAPTURE SHARE EXPECTED TO CONTINUE CORE CUSTOMER ADS SALES PER REP PER DAY TTM SALES PER HEAD COUNT 15% Core Customer ADS YoY % Change 115 130 Total Company ADS YoY % Change 10.4% 10% 8.1% 110 6.4% 5.5% 120 4.1% 105 5% 110 100 0% -5% -0.8% 100
Slide 7: Performance Improving Against IP as Volumes Begin to Inflect
PERFORMANCE IMPROVING AGAINST IP AS VOLUMES BEGIN TO INFLECT POSITIVELY MSC Total Organic Sales Growth 3-Month Average - IP Index 20% MSC Total Growth (3 Mo Avg) IP Growth (3 Mo Avg) IP Index Performance YoY of 15% MSC’s Top 5 Industries 10% Industry Group 4Q’26 Fabricated Metals 3.2% 5% Machinery &
Slide 8: Fiscal Fourth Quarter 2026 Reported and Adjusted Results
FISCAL FOURTH QUARTER 2026 REPORTED AND ADJUSTED RESULTS Net Sales Gross Profit Operating Profit Earnings (millions) (millions and % of sales) (millions and % of sales) (per diluted share) Reported Adjusted* Reported Adjusted* $1,079.2 $438.6 $978.2 $117.8 $395.0 $1.45 $84.3 $90.3 42.9% $1.09 40.4%
Slide 9: Fiscal Fourth Quarter 2026 Balance Sheet and Cash Flow
FISCAL FOURTH QUARTER 2026 BALANCE SHEET AND CASH FLOW Free Cash Flow* (millions) Fiscal Year Quarterly $240.9 • Operating cash flow conversion** of ~169% in the $225.2 fiscal 4Q’26 despite a step up in accounts receivable $63.8 from higher sales and slightly higher inventories $58.5 • Free cash flo
Slide 10: Clear Capital Allocation Priorities
CLEAR CAPITAL ALLOCATION PRIORITIES Long-Term Priorities Significant capital allocation optionality after deprioritizing special Dividends and Share Strategic dividends; potential uses include organic growth investments, Repurchases Optionality strategic M&A, debt paydown, or further deployment to s
Slide 11: First Quarter Expectations Reflect Continued Growth and Margin Expansion
FIRST QUARTER EXPECTATIONS REFLECT CONTINUED GROWTH AND MARGIN EXPANSION Up 9.5% to 10.5% YoY 9.5% to 10.1% 1Q’27 OUTLOOK AVERAGE DAILY SALES (ADS) ADJUSTED OPERATING MARGIN* ADS YoY TRENDS ASSUMPTIONS 1Q’26 2Q’26 3Q’26 4Q’26 1Q’27 • ADS improvement reflect building momentum in growth initiatives 4%
Slide 12: FY'27 Outlook on Certain Metrics and Sequential ADS Performance
FY’27 OUTLOOK ON CERTAIN METRICS AND HISTORICAL SEQUENTIAL AVERAGE DAILY SALES PERFORMANCE WITH CONSIDERATIONS FY’27 MODELING $100M - $105M $40M - $45M $90M - $100M 80% - 90% 24.5% - 25.5% Depreciation and Interest and Other Capital Free Cash Flow Effective Tax ASSUMPTIONS Amortization Expense Expen
Slide 13: Appendix
APPENDIX MSC
Slide 14: Fiscal Year 2026 Reported and Adjusted Results
FISCAL YEAR 2026 REPORTED AND ADJUSTED RESULTS Net Sales Gross Profit Operating Profit Earnings (millions) (millions and % of sales) (millions and % of sales) (per diluted share) Reported Adjusted* Reported Adjusted* $4,009.7 $1,639.3 $4.69 $1,536.1 $379.3 $3,769.5 $301.6 $320.6 $315.8 $3.98 $3.76 $
Slide 15: Reconciliations
RECONCILIATIONS Non-GAAP Financial Measures To supplement MSC’s unaudited selected financial data presented consistent with accounting principles generally accepted in the United States (“GAAP”), the Company discloses certain non-GAAP financial measures, including non-GAAP income from operations, no
Slide 16: Reconciliations
RECONCILIATIONS Non-GAAP Financial Measures Results Excluding Asset Impairments and Related Charges, Share Reclassification Litigation Costs, ERC Tax Benefit, Restructuring and Other Costs, Loss on Sale of Property (prior year), and tax effects In calculating certain non-GAAP financial measures, we
Slide 17: Reconciliations
RECONCILIATIONS investor.mscdirect.com 17
Slide 18: Reconciliations
RECONCILIATIONS investor.mscdirect.com 18
Slide 19: Reconciliations
RECONCILIATIONS investor.mscdirect.com 19
Slide 20: Reconciliations
RECONCILIATIONS investor.mscdirect.com 20
Slide 21: Reconciliations
RECONCILIATIONS investor.mscdirect.com 21
Slide 22: Reconciliations
RECONCILIATIONS investor.mscdirect.com 22
Slide 23: Reconciliations
RECONCILIATIONS investor.mscdirect.com 23
Slide 24: Reconciliations
RECONCILIATIONS investor.mscdirect.com 24
Slide 25: Thank You
THANK YOU MSC
MSC Industrial Direct — Q4 2026 Earnings Presentation on 6ix