NYSE$MSM

MSC Industrial Direct Co. Inc. · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

MSC's financial results for the second quarter of fiscal year 2020 were reported.

MSC Industrial Supply Co. reported a 4.5% year-over-year decrease in net sales, with solid execution in a relatively soft environment. The company is focused on navigating the COVID-19 crisis and has implemented business continuity efforts.

  • Net sales decreased by 4.5% year-over-year to $786.1 million.
  • Operating income was $77.7 million, compared to $96.0 million in the prior year.
  • Operating margin was 9.9%, 20 basis points above the midpoint of the guidance range.
  • Diluted EPS was $1.00, at the midpoint of the guidance range.

Headline financials

Total Revenue

$786M

Previous: $823M-4.5%
EPS (adj)

$1.00

Previous: $1.24-19.4%
Capital Expenditures

-$25.7M

Previous: -$23.2M-11.1%
Free Cash Flow

$29.8M

Previous: $45.3M-34.3%
Net Income

$55.5M

Previous: $68.4M-18.9%
Operating Income

$77.7M

Previous: $96M-19.1%
Gross Profit

$331M

Previous: $352M-5.9%
Cash & Equivalents

$44.9M

Previous: $31.2M+44.0%
Total Assets

$2.38B

Previous: $2.36B+0.8%
Stock-Based Comp

$4.02M

Previous: $3.9M+2.9%

Revenue & EPS history

MSC · Revenue · Quarterly

$786M

Q2 2020-4.5%vs Q2 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Given the unprecedented uncertainty, the company will provide monthly updates on average daily sales developments following month-end close, as well as comments on the business trends.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

-0.9%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+2.5%

Avg return

30 days after

43%

29 / 67 earnings

Positive

+8.1%

Q1 2017

Best reaction

-17.1%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+0.8%+6.7%
Q1 2026-4.4%-1.6%+12.5%
Q4 2025+3.0%-3.1%+1.2%
Q3 2025-1.9%-3.0%-2.9%
Q2 2025-5.2%-11.5%-2.1%
Q1 2025+0.1%+3.4%+0.5%
Q4 2024-2.7%+2.0%+5.7%
Q3 2024+0.4%-1.1%+7.8%
Q2 2024-3.6%-4.9%-6.3%
Q1 2024-1.9%+0.4%+2.9%
Q4 2023-1.9%-1.7%+3.8%
Q3 2023-0.7%-0.2%+4.1%
Q2 2023+0.2%+0.1%+6.2%
Q1 2023-3.9%-1.9%+9.0%
Q4 2022+1.9%+3.5%+9.9%
Q3 2022+2.1%+1.5%+12.4%
Q2 2022+3.1%+2.0%+0.3%
Q1 2022-0.0%+0.6%-1.6%
Q4 2021-4.1%-4.1%-2.4%
Q3 2021-1.0%-0.4%-5.4%
Q2 2021-1.8%-2.5%+2.2%
Q1 2021+2.7%+0.5%+4.0%
Q4 2020+1.3%+5.1%+28.8%
Q3 2020-12.9%-12.0%-6.4%
Q2 2020+3.7%-1.7%+4.3%
Q1 2020-1.2%+0.9%-7.5%
Q4 2019+1.3%-0.2%-0.3%
Q3 2019-1.6%-0.2%-5.9%
Q2 2019-3.1%-2.0%-8.1%
Q1 2019+0.9%+1.9%+5.1%
Q4 2018+5.9%+9.6%+14.3%
Q3 2018-4.2%-3.7%+0.3%
Q2 2018-3.9%-3.1%+0.2%
Q1 2018-2.6%-3.0%-8.7%
Q4 2017+1.6%+3.1%+13.3%
Q3 2017-17.1%-14.6%-19.9%
Q2 2017-7.0%-8.5%-12.7%
Q1 2017+8.1%+7.2%+13.3%
Q4 2016-1.2%+1.0%+23.4%
Q3 2016+4.3%+2.6%+2.9%
Q2 2016-0.5%
Q1 2016+6.7%
Q4 2015+3.3%
Q3 2015+4.1%
Q2 2015-1.3%
Q1 2015-5.1%
Q4 2014-5.4%
Q3 2014-5.3%
Q2 2014+2.0%
Q1 2014+4.0%
Q4 2013-8.4%
Q3 2013-0.2%
Q2 2013-5.3%
Q1 2013-1.3%
Q4 2012+4.1%
Q3 2012+5.0%
Q2 2012-3.2%
Q1 2012-0.2%
Q2 2011+4.2%
Q4 2009+4.2%
Q4 2011+4.2%
Q3 2010+1.8%
Q3 2011+1.8%
Q2 2010-4.2%
Q1 2010-7.0%
Q1 2011-7.0%
Q4 2010-7.0%

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