MSC – MSC Industrial Supply Co. Reports Fiscal 2024 Second Quarter Results

March 28, 2024

FISCAL 2024 Q2 HIGHLIGHTS

Net sales of $935.3 million decreased 2.7% YoY, 290 basis points below the Industrial Production (IP) Index
Operating income of $91.2 million, or $97.8 million adjusted to exclude restructuring and other costs as well as acquisition-related costs1
Operating margin of 9.7%, or 10.5% excluding the adjustments described above1
Diluted EPS of $1.10 vs. $1.41 in the prior fiscal year quarter
Adjusted diluted EPS of $1.18 vs. $1.45 in the prior fiscal year quarter1

MELVILLE, N.Y. and DAVIDSON, N.C., March 28, 2024 /PRNewswire/ — MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), “MSC,” “MSC Industrial” or the “Company,” a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2024 second quarter ended March 2, 2024.

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