Filing Flows › MSC Industrial Direct (MSM) › Q2 FY25
MSC Industrial Direct (MSM) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 3, 2025
MSC Industrial Direct (MSM) reported revenue of $892M for the second quarter fiscal 2025 (Q2 FY25), -5% from a year earlier and -4% from the quarter before. Operating margin was 7.0%, net earnings $39.3M (4.4% of revenue).
MSC Industrial Direct, Q2 FY25: revenue $892M (-5% year over year), operating margin 7.0%, net earnings $39.3M, operating cash flow $54.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $892M | -4% | -5% |
| Gross profit | $365M | -3% | -6% |
| Operating profit | $62.2M | -14% | -32% |
| Net earnings | $39.3M | -16% | -36% |
| Operating cash flow | $54.5M | -47% | -31% |
| Free cash flow | $24.7M | -70% | -54% |
What changed
Revenue was $891.7M in Q2 FY25, down 5% year over year and down 4% from the previous quarter.
Gross margin was 41.0%, down 0.6 points from a year earlier. Operating profit was $62.2M, a 7.0% margin (down 2.8 points year over year). Operating expenses grew 2% against a revenue fall of 5%. Net earnings were $39.3M, down 36% year over year. The effective tax rate was 24.3%.
Operating cash flow was $54.5M (down 31% year over year), 139% of net earnings. Non-cash charges added back $23.0M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $11.3M. Capital expenditures of $29.8M left free cash flow of $24.7M.
Questions
What was MSC Industrial Direct's revenue in the second quarter fiscal 2025?
MSC Industrial Direct (MSM) reported revenue of $892M for the second quarter fiscal 2025 (Q2 FY25), -5% from a year earlier and -4% from the quarter before.
Was MSC Industrial Direct profitable in the second quarter fiscal 2025?
Operating profit was $62.2M (7.0% of revenue) and net earnings $39.3M.