Msc industrial supply co. provides preliminary fiscal third quarter results and updates outlook for the full fiscal year

Preliminary fiscal 2024 q3 results net sales of approximately $978-$980 million down 7.3%-7.1% yoy and includes a roughly 300 basis point headwind from non-repeating public sector orders in the prior year average daily sales up approximately 3% sequentially compared to the fiscal second quarter, which had one less selling day gaap earnings per share (eps) expected to be in the range of $1.26 - $1.28 adjusted eps* expected to be in the range of $1.32 - $1.34 company to discuss preliminary financial results and drivers of updated outlook on june 14, 2024 at 8:30am edt company to release final fiscal third quarter 2024 financial results and conduct conference call on july 2, 2024 at 8:30am edt * represents a non-gaap financial measure. an explanation and a reconciliation of each non-gaap financial measure to the most directly comparable gaap financial measure are presented in the schedules accompanying this press release.
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