---
schema_version: "secwatch.filing_event.v1"
accession: "0001003078-24-000046"
form_type: "8-K"
ticker: "MSM"
cik: "0001003078"
company_name: "MSC INDUSTRIAL DIRECT CO INC"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:39:27.134303+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MSC Industrial Q2 net sales down 2.7% YoY to $935.3M; diluted EPS $1.10 vs $1.41

## Summary
- Net sales $935.3M, down 2.7% YoY; operating income $91.2M (20.2% decrease).
- Adjusted diluted EPS $1.18 vs $1.45 prior year; adjusted operating margin 10.5% vs 12.2%.
- Full-year outlook: ADS growth 0-5%, adjusted op margin 12.0-12.8%; likely at lower end per CFO.
- Strong cash conversion supported by inventory reductions; share repurchases completed.
- CEO cites soft macro environment but confident in back-half improvement from Mission Critical initiatives.

## SEC filing metadata
- accession: 0001003078-24-000046
- form_type: 8-K
- ticker: MSM
- cik: 0001003078
- company_name: MSC INDUSTRIAL DIRECT CO INC
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000046/0001003078-24-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000046/msm-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001003078-24-000046
- JSON: https://secwatch.observer/filing/0001003078-24-000046.json
- Plain text: https://secwatch.observer/filing/0001003078-24-000046.txt

## Key facts
- Earnings Releases
  MSC INDUSTRIAL DIRECT CO INC reported fiscal 2024 second quarter ended March 2, 2024 results: revenue $935.3 million, net income $61.8 million, EPS $1.10. Guidance reaffirmed.
  - Period: fiscal 2024 second quarter ended March 2, 2024
  - Revenue: $935.3 million
  - Net income: $61.8 million
  - EPS: $1.10
  - Guidance: reaffirmed
  - Result: reported results
  source text: Net sales of $935.3 million decreased 2.7% YoY
  evidence_url: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000046/0001003078-24-000046-index.htm

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