MSC Industrial Q4 Misses Consensus, Net Sales Fall 8% Amid Heavy Manufacturing Weakness
MSC Industrial Q4 Misses Consensus, Net Sales Fall 8% Amid Heavy Manufacturing Weakness
Adjusted operating income for the quarter declined 27.8% to $94.2 million, with the MSC Industrial Direct Company, Inc. (NYSE:MSM) shares are trading lower on Thursday after the company reported fourth-quarter results.
MSC Industrial Direct 公司，Inc.（纽交所：MSM）股价周四下跌，该公司报告了第四季度业绩。
Net sales declined 8.0% year-over-year to $952.3 million, missing the consensus of $959.7 million.
净销售额同比下降8.0%，为95230万美元，低于95970万美元的共识。
Average daily sales fell 4.7% for the fiscal year due to continued softness in the heavy manufacturing markets, where the company has significant exposure and headwinds from non-repeating orders in the prior year.
由于公司在重型制造业市场持续疲软，并受到上一年度订单不重复的影响，导致整个财年日均销售额下降了4.7%。
Adjusted operating income for the quarter declined 27.8% to $94.2 million, with the operating margin compressing to 9.9% from 12.6% a year ago.
本季度调整后的营业收入下降了27.8%，至9420万美元，营业利润率从去年的12.6%下降至9.9%。
Adjusted EPS of $1.03, down 37.2% from the prior year, missed the consensus of $1.08.
调整后的每股收益为1.03美元，比去年同期下降了37.2%，低于1.08美元的共识。
As of August 31, the company held $29.6 million in cash and cash equivalents.
截至8月31日，该公司持有2960万美元的现金及现金等价物。
On October 10, MSC Industrial raised the cash dividend per share to $0.85 from $0.83. The dividend will be payable on November 27 to shareholders on record as of November 13.
10月10日，MSC Industrial 将每股现金股息从0.83美元提高至0.85美元。该股息将于11月27日支付，股东记录日为11月13日。
Outlook: MSC Industrial expects first-quarter ADS to decline 5.5% – 4.5% and anticipates an adjusted operating margin of 7.0% – 7.5%.
展望：MSC Industrial 预计第一季度ADS下降5.5%至4.5%，并预计调整后的营业利润率为7.0%至7.5%。
For FY25, the company expects free cash flow conversion of ~100% and capital expenditures of ~$100 million – $110 million.
公司预计在FY25年，自由现金流转换率约为100%，资本支出约为10000万11000万美元。
Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, said, "Near-term visibility remains limited underpinned by uncertainty stemming from the upcoming election and sluggish customer activity levels entering the holiday season. However, we witnessed various improvements for the fiscal year that are leading indicators for future profitability and growth."
首席财务官Kristen Actis-Grande表示：“由于即将到来的选举和进入假期季节的客户活动水平低迷而带来的不确定性，短期能见度仍然有限。然而，我们在过去的财政年度中看到了各种改善迹象，这些是未来盈利能力和增长的领先指标。”
Investors can gain exposure to the stock via First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) and ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (BATS:OUSM).
投资者可以通过first trust rba american industrial renaissance etf (纳斯达克:AIRR)和alps o'shares u.s. small-cap quality dividend etf (BATs:OUSM)来获取该股票的收益。
Price Action: MSM shares are down 4.49% at $77.21 at the last check Thursday.
股价表现：在周四最新查询时，MSC股价下跌4.49%，报77.21美元。
Read Next:
阅读下文:
- Intel Triumphs In 15-Year Legal Battle, EU Court Rejects Record Antitrust Penalty
- 英特尔在15年的法律战中取得胜利，欧盟法院驳回创纪录的反垄断罚款。
