MSC Industrial Supply Co. (MSM) reported that its first-quarter net income to MSC declined to $69.4 million from $81.3 million, last year. EPS was $1.22 compared to $1.45. Adjusted EPS declined to $1.25 from $1.48. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $1.31, for the quarter. Analysts' estimates typically exclude special items.
First quarter net sales were $954.0 million, decreased 0.4% from a year ago. Analysts on average had estimated $972.06 million in revenue.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.