Msc Industrial Direct Company, Inc. · NYSE:MSM
Msc Industrial Direct — Q4 FY2013 Earnings Presentation
9 slides from Msc Industrial Direct's earnings presentation, Oct 30, 2013
Slide 1: Fiscal 4Q'13 Earnings Presentation
1 Fiscal 4Q’13 Earnings Presentation October 30, 2013
Slide 2: Risks and Non-GAAP Disclosures
2 Risks and Non-GAAP Disclosures This presentation contains forward-looking statements within the meaning of U.S. securities laws, including guidance about expected future results, expectations regarding our ability to gain market share, expected benefits from our investment and strategic plans, inc
Slide 3: F4Q'13 Guidance Comparison
3 F4Q’13 Guidance Comparison 4Q 2013 Guidance Adjusted 4Q 2013 Results(1) Sales $661M - $673M $674M Gross Margin 44.8% - 45.2% 45.6% Adjusted EPS $0.87 - $0.91 $0.95 Adjusted Operating Expenses $209M $209M Tax Rate 37.4% 38.3% (1) Reconciliations are provided on slides 7-9.
Slide 4: F4Q'13 EPS Walk
4 F4Q’13 EPS Walk(1) $0.95 ($0.04) $0.89 ($0.02) Adjusted EPS Davidson Relocation Costs BDNA Transaction & Integration Costs GAAP EPS (1) Previously provided guidance for F4Q 2013 included the impact from BDNA operating results, but consistent with prior quarters excluded non-recurring relocation co
Slide 5: F1Q'14 Guidance
5 F1Q’14 Guidance Sales $662M – $674M Gross Margin 46.5% +/- 20 bps Adjusted EPS $0.92 – $0.96 Tax Rate 38.2% Assumptions: ● Includes BDNA accretion to EPS of 4 cents ● Excludes non-recurring integration costs associated with the BDNA acquisition and relocation costs associated with our Davidson fac
Slide 6: Risks and Non-GAAP Disclosures
2 Risks and Non-GAAP Disclosures This presentation contains forward-looking statements within the meaning of U.S. securities laws, including guidance about expected future results, expectations regarding our ability to gain market share, expected benefits from our investment and strategic plans, inc
Slide 7: Reconciliations: Non-GAAP Financial Measures
7 Reconciliations Non-GAAP Financial Measures To supplement MSC’s unaudited selected financial data presented on a basis consistent with Generally Accepted Accounting Principles (“GAAP”), the Company discloses certain non-GAAP financial measures, including adjusted operating income, adjusted net inc
Slide 8: Reconciliations: Thirteen Weeks Ended 31-Aug-13
8 Reconciliations Thirteen Weeks Ended 31-Aug-13 (dollars in thousands) Margin GAAP Operating income $92,352 13.7% Non-recurring costs 6,392 Adjusted Operating income $98,744 14.7% Thirteen Weeks Ended Fourteen Weeks Ended 31-Aug-13 1-Sep-12 (dollars in thousands) Sales $673,773 $635,271 Cost of Sal
Slide 9: Reconciliations: Thirteen Weeks Ended 31-Aug-13 EPS
9 Reconciliations Thirteen Weeks Ended 31-Aug-13 (in thousands, except per share amounts) $(after tax) Diluted EPS GAAP net income $56,375 $0.89 Non-recurring costs* 3,945 0.06 Adjusted net income $60,320 $0.95 * On a pre-tax basis includes approximately $1,900 of non-recurring relocation costs asso
MSC Industrial Direct — Q4 FY2013 Earnings Presentation on 6ix