---
schema_version: "secwatch.filing_event.v1"
accession: "0001003078-23-000070"
form_type: "8-K"
ticker: "MSM"
cik: "0001003078"
company_name: "MSC INDUSTRIAL DIRECT CO INC"
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:34:32.891117+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MSC Industrial Q3 sales $1.0545B up 10%; EPS $1.69 ($1.74 adj); raises FY2023 sales guidance

## Summary
- Net sales of $1,054.5M, up 10.0% YoY (11.7% on avg daily sales); outperformed IP index by ~11pp.
- Diluted EPS $1.69 vs $1.78; adjusted EPS $1.74 vs $1.82; operating margin 12.8% (adj 13.1%).
- Raises FY2023 sales guidance: ADS growth 10-11%; adjusted operating margin ~12.7%; gross margins 100-120bps contraction.
- Solutions net sales (vending, In-Plant) grew 10-13% YoY; e-commerce up 8% representing 60% of total sales.
- Public Sector contract win contributed 80% net sales growth in that segment, impacting mix.

## SEC filing metadata
- accession: 0001003078-23-000070
- form_type: 8-K
- ticker: MSM
- cik: 0001003078
- company_name: MSC INDUSTRIAL DIRECT CO INC
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1003078/000100307823000070/0001003078-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1003078/000100307823000070/msm-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001003078-23-000070
- JSON: https://secwatch.observer/filing/0001003078-23-000070.json
- Plain text: https://secwatch.observer/filing/0001003078-23-000070.txt

## Key facts
- Earnings Releases
  MSC INDUSTRIAL DIRECT CO INC reported fiscal 2023 third quarter ended June 3, 2023 results: revenue $1,054.5 million, net income $95.2 million, EPS $1.69. Guidance raised.
  - Period: fiscal 2023 third quarter ended June 3, 2023
  - Revenue: $1,054.5 million
  - Net income: $95.2 million
  - EPS: $1.69
  - Guidance: raised
  - Result: reported results
  source text: reference in any such filing. --- EX-99.1 (EX-99.1) --- NEWS MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2023 THIRD QUARTER RESULTS FISCAL 2023 Q3 HIGHLIGHTS • Net sales of $1,054.5 million increased 10.0% YoY (11.7% on an average daily sales basis ), approximately 11 perc entage points above the Industrial Production (IP) index • Operating income of $135.4 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1003078/000100307823000070/0001003078-23-000070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.