Financial Data and Key Metrics Changes - Overall sales decreased by 6.3% year-over-year, with gross margin down 30 basis points compared to the prior year [18][35] - GAAP operating margin was 7%, significantly impacted by a non-recurring asset impairment charge, while adjusted operating margin was 11.0%, down 30 basis points from the prior year [18][38] - Earnings per share were $0.69 for the quarter, or $1.10 on an adjusted basis [18][39] - Free cash flow improved to $95 million from $72 million in the prior year [40] Business Line Data and Key Metrics Changes - Non-safety and non-janitorial product lines saw a low double-digit decline, while safety and janitorial products, driven by PPE, grew over 20% for the quarter [19] - Government sales grew significantly year-over-year due to large safety and janitorial orders, while national accounts and core customers declined in the low teens and low double digits, respectively [20] Market Data and Key Metrics Changes - Industrial production remained in negative single digits but showed improvement over the prior quarter [21] - The gap between industrial production and company growth rate began to compress, with a target of at least a 200 basis point positive gap above industrial production by the fourth quarter [22] Company Strategy and Development Direction - The company is focused on repositioning from a spot-buy supplier to a mission-critical partner, with a new brand promise aimed at securing long-term success [12] - Five growth levers identified include metalworking, solutions, selling the full portfolio, digital, and diversified end markets, with a target of at least 400 basis points of outgrowth above industrial production by fiscal 2023 [14][23] - The company is investing in its core business and expanding its sales force, with a goal to increase headcount by 50 in the first quarter and potentially continue at that rate [27][125] Management's Comments on Operating Environment and Future Outlook - The management expressed optimism about improving trends in the operating environment, citing positive indicators from vaccine distribution and stimulus packages [16] - The company is committed to achieving its targets of growing at least 400 basis points above industrial production and returning ROIC to the high teens by fiscal 2023 [48] Other Important Information - The company recorded an impairment charge related to nitrile gloves due to supply chain challenges, impacting financial results [31] - A special dividend of approximately $195 million was paid in December, reflecting the company's commitment to returning capital to shareholders [42] Q&A Session All Questions and Answers Question: Role of technology in mission-critical efforts - Technology is integral to both cost reduction and growth initiatives, with investments in digital and pricing analytics improving price realization and operational efficiency [56] Question: Raw material costs and pricing actions - The company is monitoring rising raw material costs closely, expecting to implement a price increase around the end of Q2 or beginning of Q3 [66] Question: Market share reacceleration and cultural buy-in - There is a renewed energy within the company, reconnecting with its growth-oriented DNA and setting ambitious goals [80] Question: Magnitude of PPE headwind to gross margin - A larger PPE headwind is expected in Q2 and Q3, with Q1 experiencing some mix headwind due to large orders [96][126]

| --- | --- | |-------|-------| | | | | | | | | | | | | Safe Harbor Statement Statements in this Presentation may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements about the impact of COVID-19 on our business operations, results of operations and financial conditi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________ FORM 10-K __________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 29, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-14130 __________________________________ MSC INDUSTRIAL DIRECT CO., ...

MSC Industrial Direct Co., Inc. (NYSE:MSM) Q4 2020 Results Earnings Conference Call October 27, 2020 8:30 AM ET Company Participants John Chironna - Vice President, Investor Relations and Treasurer Erik Gershwind - Chief Executive Officer Kristen Actis-Grande - Chief Financial Officer Conference Call Participants Kevin Marek - Deutsche Bank Mario Cortellacci - Jefferies Michael McGinn - Wells Fargo Ryan Merkel - William Blair Chris Dankert - Longbow Research Karen Lau - Gordon Haskett Patrick Baumann - JPMo ...

| --- | --- | |------------------------------------------------------------------|-------| | | | | | | | | | | Fiscal Fourth Quarter and Full Year 2020 Earnings Presentation | | | OCTOBER 27, 2020 | | Safe Harbor Statement Statements in this Presentation may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ FORM 10-Q __________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 30, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File No.: 1-14130 __________________________________________ MSC ...

MSC Industrial Direct Co., Inc. (NYSE:MSM) Q3 2020 Earnings Conference Call July 8, 2020 8:30 AM ET Company Participants John Chironna - Vice President of Investor Relations and Treasurer Erik Gershwind - President and Chief Executive Officer Greg Clark - Interim Chief Financial Officer Conference Call Participants Hamzah Mazari - Jefferies Ryan Merkel - William Blair David Manthey - Baird Adam Uhlman - Cleveland Research Chris Dankert - Longbow Michael McGinn - Wells Fargo Patrick Baumann - JPMorgan John I ...

FISCAL 2020 Q3 EARNINGS PRESENTATION JULY 8, 2020 SAFE HARBOR STATEMENT . Statements in this presentation may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements about the impact of COVID-19 on our business operations, results of operations and financial condition, ...

MSC Industrial Direct Co., Inc. (NYSE:MSM) Q2 2020 Earnings Conference Call April 8, 2020 8:30 AM ET Company Participants John Chironna - Vice President of Investor Relations and Treasurer Erik Gershwind - President and Chief Executive Officer Conference Call Participants Ryan Merkel - William Blair & Company LLC John Inch - Gordon Haskett Hamzah Mazari - Jefferies LLC Sam Darkatsh - Raymond James Adam Uhlman - Cleveland Research Company David Manthey - Robert W. Baird & Co. Inc. Michael McGinn - Wells Farg ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ For the quarterly period ended February 29, 2020 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to FORM 10-Q __________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 1-14130 _________________________________________ ...