Source-grounded facts extracted from MSC INDUSTRIAL DIRECT CO INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Neal Dongre resigned as Senior Vice President, General Counsel and Corporate Secretary at MSC INDUSTRIAL DIRECT CO INC.
“On July 14, 2026, Sid Tool Co., Inc., a wholly-owned subsidiary of the Company, and Mr. Dongre entered into an Agreement and Release (the “Transition Agreement”) in connection with Mr. Dongre’s transition from his position as Senior Vice President, General Counsel and Corporate Secretary of the Company to Special Advisor of the Company, effective as of July 20, 2026”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC reported fiscal 2026 second quarter ended February 28, 2026 results: revenue 917.8 million, net income 42.5 million, EPS 0.76.
“Net sales of $917.8 million increased 2.9% YoY”
Material Agreements
MSC INDUSTRIAL DIRECT CO INC amended Joinder and Amendment No. 1 to Receivables Purchase Agreement with Wells Fargo Bank, National Association valued at $50 million to $350 million (effective 2025-12-10).
“On December 10, 2025, MSC Industrial Direct Co., Inc. (the “Company”) entered into a Joinder and Amendment No. 1 to Receivables Purchase Agreement (the “Amendment”), by and among MSC A/R Holding Co., LLC, a wholly owned subsidiary of the Company (“MSC A/R”), as seller, the Company, as master servicer, the existing purchasers and joining purchaser party thereto and Wells Fargo Bank, National Association, as administrative agent (“Wells Fargo”), which amends the Company’s Receivables Purchase Agreement, dated December 19, 2022”
Elizabeth Bledsoe resigned as Senior Vice President & Chief People Officer at MSC INDUSTRIAL DIRECT CO INC.
“On April 15, 2025, Elizabeth Bledsoe provided her voluntary resignation as Senior Vice President & Chief People Officer of the Company.”
Erik Gershwind resigned as President at MSC INDUSTRIAL DIRECT CO INC.
“Erik Gershwind, who has voluntarily resigned as President, effective September 23, 2024.”
Martina McIsaac changed role as President and Chief Operating Officer at MSC INDUSTRIAL DIRECT CO INC.
“promotion of Martina McIsaac to President and Chief Operating Officer of the Company, effective September 23, 2024.”
Robert Aarnes was elected as non-executive director at MSC INDUSTRIAL DIRECT CO INC.
“On August 27, 2024, the Board of Directors (the “Board”) of MSC Industrial Direct Co., Inc. (the “Company”) elected Robert Aarnes to serve as a non-executive director, effective immediately, increasing the size of the Board from eight to nine members.”
John Hill resigned as Senior Vice President & Chief Digital Information Officer at MSC INDUSTRIAL DIRECT CO INC.
“On June 6, 2024, John Hill resigned as Senior Vice President & Chief Digital Information Officer of the Company effective June 12, 2024.”
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.
“Net sales of $935.3 million decreased 2.7% YoY”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Advisory vote on the frequency of future advisory votes to approve the compensation of the Company's named executive officers at the 2024-01-24 meeting.
“Advisory vote on the frequency of future advisory votes to approve the compensation of the Company's named executive officers : Votes Cast For 1 Year Votes Cast For 2 Years Votes Cast For 3 Years Abstentions Broker Non-Votes Percentage of Votes Cast For 1 Year 48,614,878 17,184 1,126,825 25,044 2,136,914 97.70%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2024-01-24 meeting.
“Advisory vote to approve the compensation of the Company's named executive officers : Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Percentage of Votes Cast For 48,929,375 648,614 205,942 2,136,914 98.69%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for fiscal year 2024 at the 2024-01-24 meeting.
“Ratification of the appointment of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for fiscal year 2024 : Votes Cast For Votes Cast Against Abstentions Percentage of Votes Cast For 50,472,539 1,412,878 35,428 97.27%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Election of directors at the 2024-01-24 meeting.
“Election of directors : Nominee Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Percentage of Votes Cast For Erik Gershwind 48,932,252 783,133 68,546 2,136,914 98.42% Louise Goeser 48,662,345 1,077,733 43,853 2,136,914 97.83% Mitchell Jacobson 48,539,775 1,191,452 52,704 2,136,914 97.60% Michael Kaufmann 49,446,452 290,898 46,581 2,136,914 99.41% Steven Paladino 46,742,131 2,992,696 49,104 2,136,914 93.98% Philip Peller 46,965,027 2,770,564 48,340 2,136,914 94.42% Rahquel Purcell 48,115,840 1,599,640 68,451 2,136,914 96.78% Rudina Seseri 48,127,001 1,604,453 52,477 2,136,914 96.77%”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC updated its fiscal 2024 full year guidance (reaffirmed).
“Fiscal 2024 Full Year Financial Outlook Maintained ADS Growth (YoY) 0% - 5%”
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.
“Net sales of $954.0 million decreased 0.4% YoY”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC reported financial results for fiscal 2023 fourth quarter and full year ended September 2, 2023.
“issued a press release announcing financial results for its fiscal 2023 fourth quarter and full year ended September 2, 2023”
Governance Changes
MSC INDUSTRIAL DIRECT CO INC: Amended and restated bylaws to implement conforming changes, including advance notice requirements, exclusive forum provisions, and other updates (effective 2023-10-04).
“At the Effective Time, the board of directors of the Company (the "Board") also amended and restated the Company’s By-Laws (the “ Amended and Restated By-Laws ”) to implement certain conforming changes in connection with the Restated Certificate of Incorporation and certain other changes to update the Amended and Restated By-Laws, including, among other things:”
Governance Changes
MSC INDUSTRIAL DIRECT CO INC: Filed restated certificate of incorporation implementing reclassification (effective 2023-10-04).
“On October 4, 2023, the Company filed the Restated Certificate of Incorporation with the Secretary of the State of the State of New York, giving effect to the Reclassification, effective as of the Effective Time.”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Majority Voting Proposal - approve and adopt provisions of Restated Certificate of Incorporation to effectuate majority voting proposal at the 2023-10-04 meeting.
“Proposal 3 – Majority Voting Proposal A proposal to approve and adopt the provisions of the Restated Certificate of Incorporation, which would effectuate the Majority Voting Proposal, was approved as set forth below. The holders of issued and outstanding shares of Class A adopt the Majority Voting Proposal, based on the following numbers of votes: Votes For Votes Against Abstentions Broker Non-Votes 127,918,413 38,986 46,074 0”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Voting Standard Amendment Proposal - approve and adopt provisions of Restated Certificate of Incorporation to effectuate voting standard amendment at the 2023-10-04 meeting.
“Proposal 2 – Voting Standard Amendment Proposal A proposal to approve and adopt the provisions of the Restated Certificate of Incorporation, which would effectuate the Voting Standard Amendment Proposal, was approved as set forth below. The holders of issued and outstanding shares of Class A adopt the Voting Standard Amendment Proposal, based on the following numbers of votes: Votes For Votes Against Abstentions Broker Non-Votes 127,855,531 95,340 52,602 0”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Reclassification Proposal - approve and adopt provisions of Restated Certificate of Incorporation to effectuate reclassification at the 2023-10-04 meeting.
“Proposal 1 - Reclassification Proposal A proposal to approve and adopt the provisions of the Restated Certificate of Incorporation, which would effectuate the Reclassification Proposal, was approved as set forth below. The Unaffiliated Class A Holders approved the proposal to adopt the Reclassification Proposal, based on the following numbers of votes: Votes For Votes Against Abstentions Broker Non-Votes 40,007,233 40,256 52,326 0”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC reported fiscal 2023 third quarter ended June 3, 2023 results: revenue $1,054.5 million, net income $95.2 million, EPS $1.69. Guidance raised.
“reference in any such filing. --- EX-99.1 (EX-99.1) --- NEWS MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2023 THIRD QUARTER RESULTS FISCAL 2023 Q3 HIGHLIGHTS • Net sales of $1,054.5 million increased 10.0% YoY (11.7% on an average daily sales basis ), approximately 11 perc entage points above the Industrial Production (IP) index • Operating income of $135.4 million,”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC reported fiscal 2023 second quarter ended March 4, 2023 results: revenue $961.6 million, net income $79.1 million, EPS $1.41 per diluted share. Guidance reaffirmed.
“reference in any such filing. --- EX-99.1 (EX-99.1) --- NEWS MSC INDUSTRIAL SUPPLY CO. REPORTS FISCAL 2023 SECOND QUARTER RESULTS FISCAL 2023 Q2 HIGHLIGHTS • Net sales of $961.6 million increased 11.5% YoY, 11 perc entage points above the Industrial Production (IP) Index • Operating income of $114.3 million, or $117.2 million adjusted to exclude”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Approval of the 2023 Omnibus Incentive Plan at the 2023-01-25 meeting.
“4. Approval of the 2023 Omnibus Incentive Plan : Percentage of Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Votes Cast For 122,733,162 3,659,714 42,251 2,483,201 97.10%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2023-01-25 meeting.
“3. Advisory vote to approve the compensation of the Company’s named executive officers : Percentage of Votes Cast For Votes Cast Against Abstentions Broker Non-Votes Votes Cast For 125,238,156 1,128,936 68,035 2,483,201 99.10%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Ratification of the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2023 at the 2023-01-25 meeting.
“2. Ratification of the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for fiscal year 2023 : erc Percentage of Votes Cast For Votes Cast Against Abstentions Votes Cast For 127,674,949 1,205,008 38,371 99.06%”
Shareholder Votes
MSC INDUSTRIAL DIRECT CO INC shareholders approved Election of directors at the 2023-01-25 meeting.
“1. Election of directors : Votes Cast Votes Broker Percentage of Nominee For Withheld Non-Votes Votes Cast For Erik Gershwind 125,467,951 967,176 2,483,201 99.24% Louise Goeser 124,978,721 1,456,406 2,483,201 98.85% Mitchell Jacobson 125,100,630 1,334,497 2,483,201 98.94% Michael Kaufmann 126,186,898 248,229 2,483,201 99.80% Steven Paladino 121,523,637 4,911,490 2,483,201 96.12% Philip Peller 124,148,507 2,286,620 2,483,201 98.19% Rahquel Purcell 126,130,548 304,579 2,483,201 99.76% Rudina Seseri 125,279,808 1,155,319 2,483,201 99.09%”
Earnings Releases
MSC INDUSTRIAL DIRECT CO INC updated its Fiscal 2023 full year guidance (reaffirmed).
“The Company is reaffirming its fiscal 2023 full year adjusted operating margin and ADS outlook that was communicated last quarter and providing key assumptions for the year.”
Material Agreements
MSC INDUSTRIAL DIRECT CO INC entered into Receivables Facility with Wells Fargo Bank, National Association, as administrative agent, and Sid Tool Co., Inc., as originator valued at $300.0 million (effective 2022-12-19).
“Additionally, MSC A/R also entered into a Receivables Sale Agreement, dated as of December 19, 2022 (the “RSA” and, together with the RPA, collectively the “Receivables Facility”), by and between MSC A/R, as buyer and Sid Tool Co., Inc., a wholly owned subsidiary of the Company (“Sid Tool”), as originator. The Receivables Facility is a committed senior secured revolving trade receivables facility in an initial aggregate amount of $300.0 million.”
Rahquel Purcell was elected as Non-Executive Director at MSC INDUSTRIAL DIRECT CO INC.
“On December 1, 2022, the Board of Directors (the “Board”) of MSC Industrial Direct Co., Inc. (the “Company”) elected Rahquel Purcell to serve as a non-executive director, effective immediately, increasing the size of the Board from seven to eight members.”
Martina McIsaac was appointed as Executive Vice President and Chief Operating Officer at MSC INDUSTRIAL DIRECT CO INC.
“On September 16, 2022, MSC Industrial Direct Co., Inc. (the “Company”) announced the appointment of Martina McIsaac as Executive Vice President and Chief Operating Officer of the Company, effective October 3, 2022.”
Douglas E. Jones was appointed as Executive Advisor, Supply Chain at MSC INDUSTRIAL DIRECT CO INC.
“transition from his position as Executive Vice President and Chief Supply Chain Officer of the Company to Executive Advisor, Supply Chain of the Company, effective as of March 1, 2023”
Douglas E. Jones retired as Executive Vice President and Chief Supply Chain Officer at MSC INDUSTRIAL DIRECT CO INC.
“On July 18, 2022, Douglas E. Jones, Executive Vice President and Chief Supply Chain Officer of MSC Industrial Direct Co., Inc. (the “Company”), notified the Company of his decision to retire.”
Edward Martin departed as Senior Vice President, Sales & Customer Success at MSC INDUSTRIAL DIRECT CO INC.
“Edward Martin, Senior Vice President, Sales & Customer Success of the Company departed the Company on October 1, 2021.”
Steve Armstrong changed role as Senior Vice President, Legal Affairs at MSC INDUSTRIAL DIRECT CO INC.
“in connection with Mr. Armstrong’s transition from his position as Senior Vice President, General Counsel and Corporate Secretary of the Company to Senior Vice President, Legal Affairs of the Company , effective as of August 29, 2021”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.