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MSC Industrial director Louise Goeser to retire, not stand for re-election at 2027 annual meeting
Louise Goeser, MSC Industrial Direct board member, notified company on August 13, 2026 of decision not to stand for re-election.
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MSC Industrial SVP, General Counsel Neal Dongre resigns; to serve as Special Advisor through Aug 31, 2026
Neal Dongre voluntarily resigned as SVP, General Counsel and Corporate Secretary; transition to Special Advisor effective July 20, 2026.
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MSC Industrial Q3 net sales $1.05B (+7.8% YoY); adjusted EPS $1.43 vs $1.08; guides Q4 ADS growth 6.5-8.5%
Net sales $1,047.1M, up 7.8% YoY; operating income $106.7M (GAAP) vs $82.7M prior year.
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MSC Industrial declares $0.87/share quarterly dividend payable July 22, 2026
Board declared a regular quarterly cash dividend of $0.87 per share.
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MSC Industrial's General Counsel Neal Dongre resigns; will stay until successor found
Neal Dongre voluntarily resigned as SVP, General Counsel and Corporate Secretary effective upon successor joining.
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MSC Industrial Q2 EPS $0.76 GAAP ($0.82 adj.), revenue $917.8M up 2.9% YoY
Net sales $917.8M (+2.9% YoY); diluted EPS $0.76 vs $0.70; adjusted EPS $0.82 vs $0.72.
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MSC Industrial declares $0.87/share quarterly dividend payable April 22, 2026
Cash dividend of $0.87 per share declared by Board of Directors.
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MSC Industrial elects Reuben Slone to board as independent director
Reuben Slone elected to MSC Industrial's Board of Directors effective March 2, 2026, increasing board size from 10 to 11.
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MSC Industrial shareholders approve stock plan amendment and elect directors at annual meeting
Shareholders approved Amendment No. 1 increasing ASPP shares by 300,000 and extending term to October 31, 2035.
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MSC Industrial Q1 EPS $0.93 (+12% YoY); sales $965.7M (+4%); guides Q2 ADS growth 3.5-5.5%
Net sales $965.7M, up 4.0% YoY; operating income $76.2M (adj. $81.2M), operating margin 7.9% (adj. 8.4%).
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MSC Industrial discloses CEO Erik Gershwind's separation terms; special bonus payment of 33.33% of FY2026 bonus
CEO Erik Gershwind resigned effective Dec 31, 2025; remains on board as Vice Chair.
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MSC Industrial appoints Martina McIsaac CEO & director; Gershwind named Vice Chair
McIsaac became President and CEO effective Jan 1, 2026; also elected to board (size increased to 10).
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MSC Industrial Direct declares $0.87/share quarterly dividend, payable Jan 28, 2026
Board declared a cash dividend of $0.87 per share (unchanged from prior quarter).
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MSC Industrial extends receivables facility to $350M and extends maturity to Dec 2028
Facility limit increased by $50M to $350M; PNC Bank joins as a purchaser.
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MSC Industrial reports Q4 sales up 2.7% YoY, CEO Erik Gershwind to retire effective Jan 1, 2026
Q4 net sales $978.2M, up 2.7% YoY; adjusted diluted EPS $1.09 vs $1.03 prior year.
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MSC Industrial raises quarterly dividend to $0.87/share, up 2.4%
Dividend increased to $0.87 per share from $0.85, a 2.4% rise.
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MSC Industrial announces sales and corporate reorganization, appoints new SVP Sales and VP People Officer
Kim Shacklett transitions to SVP, Customer Experience effective Sept 29, 2025.
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MSC Industrial discloses interim CFO Greg Clark's compensation: $110K stipend, 50% bonus target
Interim CFO Greg Clark to receive an annual salary stipend of $110,000, prorated for partial periods, effective August 10, 2025.
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MSC Industrial CFO resigns effective Aug 8; Q4 trending upper half of guidance
CFO Kristen Actis-Grande resigns to become CFO at another public company; effective Aug 8, 2025.
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MSC Industrial extends $600M credit facility maturity to 2030, adds $50M swingline
Maturity extended to July 16, 2030; facility remains $600M unsecured revolver.
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MSC Industrial Q3 EPS $1.02, adj EPS $1.08; net sales down 0.8% YoY; Q4 outlook mixed
Net sales $971.1M, down 0.8% YoY; diluted EPS $1.02 vs $1.27 prior year.
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MSC Industrial declares regular quarterly dividend of $0.85/share
Dividend of $0.85 per share declared by Board of Directors.
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MSC Industrial SVP & Chief People Officer Elizabeth Bledsoe resigns; last day May 7, 2025
Elizabeth Bledsoe voluntarily resigns as Senior Vice President & Chief People Officer.
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MSC Industrial Q2 net sales down 4.7% to $891.7M; adjusted EPS $0.72 vs $1.18 YoY
Net sales of $891.7M, down 4.7% YoY; operating margin 7.0% (adjusted 7.1%).
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MSC Industrial (MSM) declares $0.85 quarterly dividend, payable Apr 23
Cash dividend of $0.85 per share declared by Board of Directors.
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MSC Industrial 2025 annual meeting: all director nominees and proposals approved by large margins
Electoral results: each director nominee received at least 87.97% of votes cast; Philip Peller (87.97%) lowest.
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MSC Industrial Q1 FY2025 revenue $928.5M (-2.7% YoY); adjusted EPS $0.86 vs $1.25
Net sales $928.5M, down 2.7% YoY; GAAP diluted EPS $0.83 vs $1.22, adjusted $0.86 vs $1.25.
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MSC Industrial declares $0.85 quarterly dividend, payable Jan 29, 2025
Cash dividend of $0.85 per share on common stock.
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MSC Industrial Q4 net sales $952.3M (-8% YoY), adj EPS $1.03; provides weak Q1 outlook
Q4 net sales $952.3M (-8.0% YoY); diluted EPS $0.99 vs $1.56 prior year.
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MSC Industrial Direct raises quarterly dividend to $0.85 from $0.83
Board declared $0.85/share cash dividend, payable Nov 27, 2024 to holders of record Nov 13, 2024.
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MSC promotes Martina McIsaac to President and COO; Gershwind remains CEO
Martina McIsaac promoted to President and COO effective Sep 23, 2024; previously EVP and COO.
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MSC Industrial adds Rob Aarnes, President of ADI ($4.6B), to board as independent director
Board expands from eight to nine members; Robert Aarnes elected as independent director effective Aug 27, 2024.
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MSC Industrial Q3 EPS $1.27 GAAP, $1.33 adj; cuts FY2024 guidance sharply
Net sales $979.4M, down 7.1% YoY; operating margin 10.9% GAAP, 11.4% adj.
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MSC Industrial declares $0.83 quarterly dividend, payable July 23
Dividend of $0.83 per share declared by Board of Directors.
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MSC Industrial prelim Q3 net sales ~$979M, GAAP EPS $1.27; slashes FY2024 guidance
Preliminary Q3 net sales ~$978-980M (down 7.1-7.3% YoY); GAAP EPS $1.26-1.28, adjusted $1.32-1.34.
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SVP & Chief Digital Information Officer John Hill resigns, receives $550K severance
John Hill resigns as SVP & Chief Digital Information Officer, effective June 12, 2024.
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MSC Industrial Q2 net sales down 2.7% YoY to $935.3M; diluted EPS $1.10 vs $1.41
Net sales $935.3M, down 2.7% YoY; operating income $91.2M (20.2% decrease).
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MSC Industrial declares $0.83 quarterly dividend payable April 23, 2024
Cash dividend of $0.83 per share declared by Board of Directors.
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MSC Industrial shareholders elect all nine directors, approve say-on-pay
All director nominees elected with over 93% of votes cast; Erik Gershwind got 98.42%.
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MSC Industrial Q1 FY2024 EPS $1.22 vs $1.45 YoY; sales down 0.4%
Net sales $954.0M, down 0.4% YoY; GAAP diluted EPS $1.22 vs $1.45; adjusted EPS $1.25 vs $1.48.
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MSC Industrial declares $0.83 regular quarterly dividend, payable Jan 23, 2024
Board declared a cash dividend of $0.83 per share on common stock.
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MSC Industrial Q4 net sales up 1.3%; full-year sales exceed $4B; dividend raised 5%
Q4 net sales $1,035.4M, up 1.3% YoY; diluted EPS $1.56 (GAAP), $1.64 adjusted.
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MSC Industrial raises quarterly dividend 5% to $0.83 per share
Quarterly cash dividend raised to $0.83 from $0.79, a 5% increase.
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Shareholders approve elimination of dual-class structure; Class B converts to Class A at 1.225:1
Over 85% of unaffiliated Class A shares voted in favor; approval rate ~99% among those voting.
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MSC Industrial Q3 sales $1.0545B up 10%; EPS $1.69 ($1.74 adj); raises FY2023 sales guidance
Net sales of $1,054.5M, up 10.0% YoY (11.7% on avg daily sales); outperformed IP index by ~11pp.
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MSC Industrial declares $0.79 quarterly dividend; record July 11, payable July 25
Board declares $0.79 per share cash dividend (unchanged from prior quarter).
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MSC Industrial to eliminate dual-class stock; Class B shares for 1.225 Class A shares, family voting capped at 15%
Each outstanding Class B share (10 votes) exchanged for 1.225 Class A shares (1 vote); eliminates dual-class structure.
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MSC Industrial Direct Q2 net sales up 11.5% to $961.6M, adjusted EPS $1.45 vs $1.29
Net sales $961.6M (+11.5% YoY); adjusted diluted EPS $1.45 (+12.4% YoY).
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MSC Industrial declares $0.79/share regular quarterly dividend
Cash dividend of $0.79 per share declared by Board of Directors.
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Controlling shareholders propose to exchange Class B shares and eliminate MSC dual-class structure at 1.35 ratio
Jacobson/Gershwind family proposes exchanging each Class B share (10 votes) for 1.35 Class A shares (1 vote), ending dual-class.