MSC Industrial Direct reported better-than-expected Q3 earnings with a 4% rise in shares

From Financial Modeling Prep: 2025-07-01 16:23:00

MSC Industrial Direct (NYSE:MSM) saw shares rise 4% after reporting Q3 earnings above expectations. Despite a 0.8% drop in net sales, adjusted EPS beat estimates at $1.08. Operating income was $87.2 million, with an operating margin of 9.0%. Q4 guidance forecasts sales growth between -0.5% and 1.5%, reaffirming full-year outlook. Investors reacted positively to the news, hopeful for market stabilization.



Read more at Financial Modeling Prep:: MSC Industrial Shares Climb 4% on Q3 EPS Beat Desp…