MSC Industrial Supply Company (NYSE:MSM) reported financial results for its fiscal 2026 second quarter on Wednesday, April 1, 2026, demonstrating resilient top-line growth and a disciplined approach to margin management.
The company achieved net sales of $917.8 million, representing a 2.9% increase over the same period in the prior year, as it continues to capture market share in the metalworking and maintenance, repair, and operations (MRO) sectors.
On a profitability basis, MSC reported operating income of $64.8 million for the quarter.
On an adjusted basis, which accounts for specific restructuring and integration costs, operating income stood at $69.1 million with an adjusted operating margin of 7.5%.
Diluted earnings per share for the second quarter were $0.76, while adjusted diluted EPS reached $0.82.
Management expressed confidence in the company’s trajectory by issuing an optimistic outlook for the upcoming third quarter.
MSC expects Average Daily Sales (ADS) to grow between 5% and 7% in Q3, with a projected expansion in adjusted operating margin to a range of 9.7% to 10.3%.
The company also reaffirmed its full-year fiscal 2026 guidance, which includes approximately $100 million in capital expenditures and a high-efficiency free cash flow conversion rate of approximately 90%.