Msc Industrial Direct — Q3 2020 Earnings Presentation

5 slides from Msc Industrial Direct's earnings presentation, Jul 8, 2020

Slide 1: Fiscal 2020 Q3 Earnings Presentation
FISCAL 2020 Q3 EARNINGS PRESENTATION JULY 8, 2020
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT 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 anticipat
Slide 3: FY2020 Q3 Results
FY2020 Q3 RESULTS (dollars in millions, except per share data and as otherwise noted) FY2020 Q3 FY2019 Q3 Reported Results Reported Results Net Sales $835.0 $866.5 Gross Margin 42.4% 42.5% Operating Expenses $244.1 $258.2 Effective Tax Rate 24.9% 25.0% Diluted EPS $1.40 $1.44 3 July 8, 2020
Slide 4: Priorities to Address COVID-19 Disruption
PRIORITIES TO ADDRESS COVID-19 DISRUPTION • The health and well-being of our associates, customers and partners is our top priority Health and • We have implemented strict measures to ensure associate safety, including working Safety remotely where possible, social distancing, and increased cleaning
Slide 5: Strong Balance Sheet & Liquidity Position
STRONG BALANCE SHEET & LIQUIDITY POSITION (AS OF FISCAL Q3 END) • Total debt of $974M, which includes credit facilities, private placement debt, and shelf facility agreements Current Debt • Committed bank facilities of $588M outstanding on balance sheet Structure • Private placement debt includes $2