Msc Industrial Direct — Q1 2017 Earnings Presentation

6 slides from Msc Industrial Direct's earnings presentation, Jan 11, 2017

Slide 1: Fiscal 2017 Q1 Earnings Presentation
Fiscal 2017 Q1 Earnings Presentation January 11, 2017
Slide 2: Risks and Non-GAAP Disclosures
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, and e
Slide 3: FY 2017 Q1 Guidance Comparison
FY 2017 Q1 Guidance Comparison FY 2017 Q1 FY 2017 Q1 Guidance Results Net Sales $676M – $688M $686.3M Gross Margin 44.8% - 45.2% 45.0% Operating Expenses $219.2M $218.1M Tax Rate 38.2% 38.2% Diluted EPS $0.90 – $0.94 $0.95 | 11‐Jan‐2017 3
Slide 4: Q2 Guidance
FY 2017 Q2 Guidance Sales $688M - $701M Gross Margin 44.6% +/- 20 bps Tax Rate 38.2% Diluted EPS $0.86 - $0.90 | 11‐Jan‐2017 4
Slide 5: Annual Operating Margin Framework
FY 2017 Annual Operating Margin Framework Slightly Positive MSC Growth Level Price Environment 12.6% 13.3% (+/- 50 bps) (+/- 50 bps) Slightly Negative 12.2% 12.7% (+/- 50 bps) (+/- 50 bps) Slightly Negative Slightly Positive | 11‐Jan‐2017 5
Slide 6: Reconciliations
Reconciliations Non-GAAP Financial Measures Free Cash Flow Our measure of “Free cash flow” meets the definition of a non-GAAP financial measure. Free cash flow is used in addition to and in conjunction with results presented in accordance with GAAP and free cash flow should not be relied upon to the