---
schema_version: "secwatch.filing_event.v1"
accession: "0001003078-24-000005"
form_type: "8-K"
ticker: "MSM"
cik: "0001003078"
company_name: "MSC INDUSTRIAL DIRECT CO INC"
filed_at: "2024-01-09T23:59:59+00:00"
generated_at: "2026-06-07T01:13:57.442472+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MSC Industrial Q1 FY2024 EPS $1.22 vs $1.45 YoY; sales down 0.4%

## Summary
- Net sales $954.0M, down 0.4% YoY; GAAP diluted EPS $1.22 vs $1.45; adjusted EPS $1.25 vs $1.48.
- Operating margin 10.6% (GAAP), adjusted 10.9%, down from 12.3% a year ago.
- FY2024 guidance maintained: ADS growth 0%-5%, adjusted operating margin 12.0%-12.8%.
- Completed repurchase of share reclassification dilution; In-Plant programs grew 35% YoY.
- Management cites UAW strike headwind; expects alleviation in early fiscal Q2.

## SEC filing metadata
- accession: 0001003078-24-000005
- form_type: 8-K
- ticker: MSM
- cik: 0001003078
- company_name: MSC INDUSTRIAL DIRECT CO INC
- filed_at: 2024-01-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1003078/000100307824000005/0001003078-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000005/msm-20240109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001003078-24-000005
- JSON: https://secwatch.observer/filing/0001003078-24-000005.json
- Plain text: https://secwatch.observer/filing/0001003078-24-000005.txt

## Key facts
- Earnings Releases
  MSC INDUSTRIAL DIRECT CO INC updated its fiscal 2024 full year guidance (reaffirmed).
  - Period: fiscal 2024 full year
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Fiscal 2024 Full Year Financial Outlook Maintained ADS Growth (YoY) 0% - 5%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000005/0001003078-24-000005-index.htm
- Earnings Releases
  MSC INDUSTRIAL DIRECT CO INC reported fiscal 2024 first quarter ended December 2, 2023 results: revenue $954.0 million, net income $69.4 million, EPS $1.22.
  - Period: fiscal 2024 first quarter ended December 2, 2023
  - Revenue: $954.0 million
  - Net income: $69.4 million
  - EPS: $1.22
  - Result: reported results
  source text: Net sales of $954.0 million decreased 0.4% YoY
  evidence_url: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000005/0001003078-24-000005-index.htm

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