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MSC Industrial Direct Co., Inc. - $MSM STOCK NEWS

Welcome to our dedicated page for MSC Industrial Direct Co. news (Ticker: $MSM), a resource for investors and traders seeking the latest updates and insights on MSC Industrial Direct Co. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MSC Industrial Direct Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MSC Industrial Direct Co.'s position in the market.

Rhea-AI Summary
MSC Industrial Supply Co. (NYSE: MSM) will host a live webcast to review its fiscal year 2024 first quarter results and current operations on January 9, 2024, at 8:30 a.m. Eastern Time. The company is a leading distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America. Access the webcast, presentation slides, and operational statistics on the Company's website. An online archive of the broadcast will be available for two weeks after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
conferences earnings
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Rhea-AI Summary
MSC Industrial Supply Co. (NYSE: MSM) Announces Investor Events at Baird 2023 Global Industrial Conference and Stephens Annual Investment Conference on November 8-9 and November 14, 2023. Fireside chats with company executives to be webcasted live and available for replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
conferences
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Rhea-AI Summary
MSC Industrial Supply Co. reports fiscal 2023 Q4 and full-year financial results. Net sales increased 1.3% YoY in Q4 and 8.6% YoY for the full year. Operating income decreased by 18% in Q4, but increased by 3.2% for the full year. Diluted EPS decreased by 16.1% in Q4, but increased by 0.8% for the full year. The company achieved all publicly stated targets in its Mission Critical Program. Shareholders approved the elimination of the dual class share structure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.05%
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Rhea-AI Summary
MSC Industrial Supply Co. declares a cash dividend of $0.83 per share, a 5% increase from the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
dividends
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Rhea-AI Summary
MSC Industrial Supply Co. shareholders approve reclassification of equity structure, eliminating Class B Common Stock. Jacobson / Gershwind family to remain largest shareholder with 21% of Class A shares. Voting power limited to 15%. Over 85% of unaffiliated Class A holders vote to approve reclassification. Completion expected before October 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
none
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Rhea-AI Summary
MSC Industrial Supply Co. will hold a conference call to review its fiscal year 2023 fourth quarter and full year results on October 25, 2023. The call can be accessed via webcast or by dialing the provided numbers. An online archive of the call will be available until November 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
conferences earnings
Rhea-AI Summary
MSC Industrial Supply Co. reports Q3 2023 financial results with net sales of $1,054.5 million, a 10% YoY increase. Operating income is $135.4 million, and diluted EPS is $1.69. The company expects to continue outperforming the Industrial Production index.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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none
MSC Industrial Direct Co., Inc.

NYSE:MSM

MSM Rankings

MSM Stock Data

5.13B
43.77M
20.81%
79.55%
2.9%
General Rental Centers
Real Estate and Rental and Leasing
Link
United States of America
MELVILLE

About MSM

msc industrial supply co. (nyse:msm) is a leading north american distributor of metalworking and maintenance, repair, and operations (mro) products and services. we help our customers drive greater productivity, profitability and growth with more than 1 million products, inventory management and other supply chain solutions, and deep expertise from 75 years of working with customers across industries. our experienced team of over 6,000 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. for more information on msc, please visit mscdirect.com.