Prnewswireยท2025-07-28 20:30Company Leadership Changes - Kristen Actis-Grande, the Executive Vice President and Chief Financial Officer of MSC Industrial Supply Co., will step down effective August 8, 2025, to take a CFO position at another publicly traded company [1] - Greg Clark, the Vice President of Finance and Corporate Controller, will serve as the interim CFO following Actis-Grande's departure while a search for a permanent CFO is conducted [2][3] Financial Performance and Outlook - The company reported that average daily sales for June were up 2.5% year-over-year, indicating positive sales momentum [3] - The fiscal fourth quarter performance is trending towards the upper half of the average daily sales and adjusted operating margin ranges provided in the July 1, 2025 earnings release [3] - The guidance for average daily sales growth for the fourth quarter is projected to be between (0.5)% and 1.5% year-over-year [4] - The adjusted operating margin is expected to be in the range of 8.5% to 9.0% [5] Company Overview - MSC Industrial Supply Co. is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services, with approximately 2.4 million products and a workforce of over 7,000 associates [7]