MSC Industrial Supply Co. reported fiscal third quarter sales (March - May) rose 7.8% to $1.05 billion, with average daily sales up by that same amount, which exceeded 5-7% expected growth the company shared in its guidance a quarter earlier, attributed to both price and volume growth.

Meanwhile, gross margin of 41.1% likewise topped MSC’s guidance of 41.0% and matched 2Q, primarily attributed to price/cost and customer mix.

“Our fiscal 3Q results that exceeded expectations provide evidence that we are fundamentally doing more with less and taking the right steps,” said CEO Martina McIsaac.

After hovering in low single-digits from October 2025 through February 2026, MSC’s average daily sales accelerated to 5.6% in March and jumped to 10.5% in April before decelerating to 8.1% in May, and the company’s preliminary figure for June showed ~7% growth.

The company’s operational statistics showed that pricing comprised 720 basis points of the 7.8% ADS growth, with volume contributing 50 bps, flipping sequentially from a 40-point decline in 2Q. Year-to-date through 3Q/May, MSC’s pricing was up 6.0% from a year earlier and volume was down 1.2%.

By end market, manufacturing grew 3.5% and non-manufacturing grew 5%.

Operating profit of $107 million jumped 29% to $107 million as margin expanded 170 basis points to 10.2%, while net profit of $80 million jumped 41.4%.

Melville, NY-based MSC Industrial is a North American distributor of metalworking and MRO products and services.