MSC Industrial Direct Co., Inc. MSM will release its first-quarter financial results, before the opening bell, on Wednesday, Jan. 8, 2025.Analysts expect the Melville, New York-based company to report quarterly earnings at 73 cents per share, down from $1.25 per share in the year-ago period. MSC Industrial Direct projects quarterly revenue of $904.59 million, compared to $953.97 million a year earlier, according to data from Benzinga Pro.On Dec. 18, MSC Industrial Supply announced that its board has declare ...

RYONCIL (remestemcel-L) is the first MSC product approved by FDA for any indication.RYONCIL is the first FDA-approved therapy for children aged 2 months and older, including adolescents and teenagers, with steroid-refractory acute graft versus host disease (SR-aGvHD), a life-threatening condition with high mortality rates.In a single-arm, multi-center, Phase 3 trial of children with SR-aGvHD, 89% of whom had high severity Grade C or Grade D disease, 70% achieved an overall response by Day 28 of treatment wi ...

MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 13, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company's conference call to review its fiscal year 2025 first quarter results, as well as its current operations, will be broadcast online live on Wednesday, January 8, 2025 at 8:30 a.m. Eastern Time.To access the earnings rele ...

Core Insights - Eni SpA and MSC Group have signed a memorandum of understanding (MoU) to enhance decarbonization and sustainable practices across their operations [1][6] - The partnership aims to achieve carbon neutrality by 2050, setting a benchmark for sustainable practices in the transport and cruise industries [6] Group 1: Decarbonization Initiatives - The MoU includes exploring cleaner energy carriers such as LNG, HVO, and bio-LNG for MSC's logistics and cruise fleet [2] - Renewable raw materials will be utilized for producing sustainable lubricants for MSC's operations [2] - The agreement envisions integrating renewable energy to decarbonize MSC's sites and facilities [2] Group 2: Collaboration and Research - The partnership will develop intermodal solutions for transporting biofuels and agro-industrial feedstock [3] - Joint efforts will focus on decommissioning offshore platforms and research initiatives under Eni's Open-es platform for sustainable value-chain practices [3] Group 3: Circular Economy Principles - The MoU emphasizes circular economy principles, including the use of renewable and recycled materials on MSC vessels [4] - Efficient onboard waste management is also a key focus of the agreement [4] - Decommissioned Eni assets may be repurposed to support sustainability goals [4] Group 4: Leadership Perspectives - Eni's CEO Claudio Descalzi highlighted the importance of collective efforts in reducing emissions through integrated skills, resources, and technologies [5] - MSC's president Diego Aponte expressed confidence in the partnership's potential to enhance sustainability efforts and expedite the energy transition across MSC Group operations [6]

MELVILLE, N.Y. and DAVIDSON, N.C., Nov. 5, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a leading North American distributor of a broad range of metalworking and maintenance, repair and operations ("MRO") products and services, today announced the following upcoming investor events: Baird 2024 Global Industrial Conference Stephens Annual Investment Conference When: November 12, 2024 November 20, 2024 Attendees: Erik Gershwind, Chief Executive Officer Martina McIsaac, President a ...

FISCAL 2024 Q4 HIGHLIGHTSNet sales of $952.3 million decreased 8.0% YoY and includes a roughly 300 basis point headwind from non-repeating Public Sector orders in the prior yearOperating income of $90.9 million, or $94.2 million adjusted to exclude acquisition-related and restructuring and other costs1Operating margin of 9.5%, or 9.9% excluding the adjustments described above1Diluted EPS of $0.99 vs. $1.56 in the prior fiscal year quarterAdjusted diluted EPS of $1.03 vs. $1.64 in the prior fiscal year quart ...

MSC Industrial Direct Company, Inc. (MSM) announced a 2% hike in the quarterly dividend payout. This is in sync with the company's ongoing commitment to deliver shareholder value and its trust in its financial robustness.Details of MSM’s Quarterly Dividend HikeMSC Industrial will pay the new quarterly dividend of 85 cents on Nov. 27, 2024, to shareholders of record as of Nov. 13, 2024. The raised dividend takes the company’s dividend yield from the current 4.00%  to 4.10%.MSC Industrial has a three-year div ...

MELVILLE, N.Y. and DAVIDSON, N.C., Oct. 10, 2024 /PRNewswire/ -- MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to shareholders of ...

Core Viewpoint - MSC Industrial Supply Co. has announced the promotion of Martina McIsaac to President and Chief Operating Officer, effective September 23, 2024, to enhance day-to-day operations and improve strategic focus [1][2]. Group 1: Leadership Changes - Martina McIsaac has been promoted from Executive Vice President and Chief Operating Officer, where she significantly improved customer experience, supplier relationships, and operational efficiencies [1][2]. - Erik Gershwind, the current CEO, will shift his focus towards long-term strategic direction and stakeholder engagement, allowing for better synergy between technology and operations [3]. Group 2: Background of Martina McIsaac - McIsaac joined MSC in October 2022 after a nine-year tenure at Hilti Corporation, where she led North America to outperform the market [3]. - Prior to Hilti, she spent 14 years at Avery Dennison in various roles across multiple countries, culminating in her position as Vice President and General Manager of the Performance Polymers Division [3]. Group 3: Company Overview - MSC Industrial Supply Co. is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products in North America, offering approximately 2.4 million products and services [4]. - The company has over 7,000 associates dedicated to enhancing customer productivity and profitability through effective supply chain solutions [4].

MELVILLE, N.Y. and DAVIDSON, N.C., Sept. 20, 2024 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that the Company's conference call to review its fiscal year 2024 fourth quarter and full year results, as well as its current operations, will be broadcast online live on Thursday, October 24, 2024 at 8:30 a.m. Eastern Time.To access t ...