MSC Industrial Direct Company, Inc.
(NYSE:MSM) stock rose Wednesday after the industrial distributor reported fiscal third-quarter 2026 results that beat Wall Street estimates and raised its free cash flow outlook for the full year.
President and CEO Martina McIsaac said the stronger-than-expected results reflected "strength in the Core Customer, which continued to outperform the total company, and notable improvement in National Accounts." Earnings Beat Expectations Adjusted earnings came in at $1.43 per share, beating the analyst consensus estimate of $1.26.
Revenue increased 7.8% year over year to $1.047 billion, exceeding analysts' expectations of $1.031 billion.
Pricing contributed 720 basis points to growth, while volume added 50 basis points sequentially.
