10:04 AM EDT, 04/01/2026 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)
MSC Industrial Direct ( MSM ) shares were down 1.7% in Wednesday trading after its fiscal Q2 non-GAAP earnings and net sales came in below analysts' estimates.
The company reported fiscal Q2 non-GAAP net income Wednesday of $0.82 per diluted share, up from $0.72 a year earlier. Analysts polled by FactSet expected $0.84.
Net sales for the fiscal quarter ended Feb. 28 were $917.8 million, up from $891.7 million a year earlier. Analysts surveyed by FactSet expected $931.7 million.
Price: 90.84, Change: -1.44, Percent Change: -1.56