MSC Industrial Q4 net sales up 1.3%; full-year sales exceed $4B; dividend raised 5%

MSC INDUSTRIAL DIRECT CO INC

2023-FY EPS reported $6.11 revenue$4,009,282,000

Q4 net sales $1,035.4M, up 1.3% YoY; diluted EPS $1.56 (GAAP), $1.64 adjusted.
Full-year net sales $4,009.3M, up 8.6% YoY; diluted EPS $6.11 GAAP, adjusted $6.29.
Operating cash flow $699.6M (204% of net income); increased quarterly dividend by 5%.
Initial FY2024 outlook: ADS growth 0%-5%, adjusted operating margin 12.0%-12.8%.
Shareholders approved elimination of dual class share structure in October.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MSC INDUSTRIAL DIRECT CO INC reported financial results for fiscal 2023 fourth quarter and full year ended September 2, 2023.

Period: fiscal 2023 fourth quarter and full year ended September 2, 2023
Result: reported results

Exact text from the filing

issued a press release announcing financial results for its fiscal 2023 fourth quarter and full year ended September 2, 2023

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Source: SEC EDGAR

accession 0001003078-23-000099

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