MSC Industrial Supply Co. reported net sales of $965.7 million for its fiscal 2026 first quarter, up 4.0% year over year. The company generated operating income of $76.2 million, or $81.2 million on an adjusted basis, resulting in an operating margin of 7.9%, or 8.4% adjusted. Diluted earnings per share rose to $0.93 from $0.83 in the prior-year quarter, and adjusted diluted EPS reached $0.99 compared to $0.88 in the same period last year. Management attributed the sales growth to continued strength in core tooling and maintenance, repair and operations (MRO) segments, and highlighted improved supply chain efficiencies and distribution throughput as key drivers of margin expansion.

MSC Income Fund, Inc. provided $12.7 million of first lien, senior secured term debt and minority equity financing to UBM ParentCo, LLC to support its merger with Mystic Logistics Holdings, LLC. As part of the transaction, the Fund fully exited its prior debt and equity investments in Mystic, realizing a $6.0 million gain on its equity stake and having received $5.5 million in cumulative dividends since its initial August 2014 investment. The Fund’s equity investment in Mystic achieved a 32.9% annual internal rate of return and a 17.9 times money invested multiple, while the combined debt and equity investments delivered a 22.9% IRR and a 5.1 times return. MSC Income Fund partnered with Mystic’s management team, UBM’s owners and Main Street Capital Corporation to structure the financing and transition into a lender and minority equity owner of the merged entity.