---
schema_version: "secwatch.filing_event.v1"
accession: "0001003078-24-000073"
form_type: "8-K"
ticker: "MSM"
cik: "0001003078"
company_name: "MSC INDUSTRIAL DIRECT CO INC"
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:41:34.257612+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MSC Industrial Q3 EPS $1.27 GAAP, $1.33 adj; cuts FY2024 guidance sharply

## Summary
- Net sales $979.4M, down 7.1% YoY; operating margin 10.9% GAAP, 11.4% adj.
- Adjusted diluted EPS $1.33 vs $1.74 YoY; net income $71.7M, down 24.7%.
- Revised FY2024 outlook: ADS growth (4.7)% to (4.3)% (prior 0%-5%); adj. operating margin 10.5%-10.7% (prior 12.0%-12.8%).
- CEO cites unexpected gross margin pressure and slower recovery in Core customer base.
- Non-repeating prior-year Public Sector orders and manufacturing softness weighed on sales.

## SEC filing metadata
- accession: 0001003078-24-000073
- form_type: 8-K
- ticker: MSM
- cik: 0001003078
- company_name: MSC INDUSTRIAL DIRECT CO INC
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000073/0001003078-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1003078/000100307824000073/msm-20240702.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001003078-24-000073
- JSON: https://secwatch.observer/filing/0001003078-24-000073.json
- Plain text: https://secwatch.observer/filing/0001003078-24-000073.txt

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